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General

Comptel doubles Q4 profit despite lower revenues

Friday 17 February 2017 | 14:55 CET | News
Comptel doubled its profit in the fourth quarter to EUR 8.0 million, despite revenues slipping 8.2 percent from the year before to EUR 29.9 million. Earnings per share lifted to EUR 0.07 from 0.04 though the operating profit slipped to EUR 5.0 million from 5.6 million. The company will not pay any dividend for the period to end December. There will only a dividend, of EUR 0.04 per share, if the EUR 347 million acquisition of Comptel by Nokia does not go through.

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Categories: General
Companies: Comptel / Nokia
Countries: World
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