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Ericsson Nikola Tesla revenue up 14% to HRK 1.77 billion in 2019

Monday 24 February 2020 | 08:47 CET | News
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Ericsson Nikola Tesla reported total sales revenue of HRK 1.77 billion for 2019, up by 14.2 percent year-over-year, with growth in all markets. Gross profit increased by 16 percent to HRK 164.5 million, while the gross margin was stable at 9.2 percent. Operating profit amounted to HRK 102.6 million (-14.5%), while net profit was HRK 102.6 million, with a return on sales of 5.8 percent. Cash flow was positive at HRK 68.9 million.

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Categories: General
Companies: Ericsson / Ericsson Nikola Tesla
Countries: Croatia (Hrvatska)
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