Comptel Q3 profit jumps over 500% on flat revenues

Thursday 20 October 2016 | 12:02 CET | News
Comptel reported third quarter results showing net revenues virtually unchanged at EUR 22.4 million and the profit jumping 526 percent year-on-year to EUR 0.6 million, with earnings per share going to EUR 0.01 from 0.00. Sales in EMEA (+4.7%) were able to somewhat offset lower revenues from Americas (-24.2%) and APAC (-0.3%). The operating profit advanced over 50 percent to EUR 1.2 million, or 5.5 percent of net revenues, while the order backlog amounted to EUR 57.2 million, up 6.8 percent from the year earlier.

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Categories: General
Companies: Comptel
Countries: World
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