0
General

Ericsson Nikola Tesla sees 5.2% growth in sales to HRK 1.5 billion

Thursday 21 February 2019 | 16:28 CET | News
Croatian telecom equipment manufacturer Ericsson Nikola Tesla reported 5.2 percent growth in sales revenue in 2018 to HRK 1.6 billion, despite a very demanding business year. Of total revenue, the domestic market accounted for 23.9 percent, services to Ericsson for 61.3 percent and other export markets for 14.8 percent. Gross profit was up 7 percent to HRK 161.4 million, while operating profit increased by 56.3 percent to HRK 118.3 million. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Ericsson Nikola Tesla
Countries: Croatia (Hrvatska)
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ericsson Nikola Tesla Q1 sales up 14% to HRK 388 million

Published 30 Apr 2019 10:12 CET | Eastern Europe
Croatian telecommunications equipment manufacturer Ericsson Nikola Tesla reported sales revenue of HRK 388.2 million in Q1 2019, ...

Ericsson Nikola Tesla, Rune Crow cooperate for development of broadband access in Croatia's rural areas

Published 24 Apr 2019 14:41 CET | Croatia (Hrvatska)
Ericsson Nikola Tesla and Rune Crow entered into a contract for the implementation of broadband optical network access in rural ...

Ericsson Nikola Tesla to modernise ICT study programmes

Published 12 Apr 2019 10:42 CET | Croatia (Hrvatska)
Croatian telecom equipment manufacturer Ericsson Nikola Tesla is taking part in the EU project 'Benefit', which aims to modernise ...