Net Insight Q1 results boosted by forex effect

Thursday 30 April 2015 | 02:58 CET | News
Net Insight reported first-quarter sales of SEK 87.7 million, an increase of 17.9 percent from the same period last year. The growth was largely due to favourable exchange rate effects, with underlying sales up just 0.3 percent. The company's operating profit rose to SEK 6.2 million from SEK 3.5 million a year ago, and cash flow rose to SEK 10.6 million from 8.4 million. Net Insight said it was its strongest first quarter on record, even without the positive forex effect, and it expects the positive growth to continue.         

Thank you for visiting Telecompaper

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.


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: Broadcast & Satellite
Companies: Net Insight
Countries: World
::: add a comment

Add comment

Please login or register to leave a 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.


Net Insight sales up 25% to SEK 110 mln in Q1

Published 27 Apr 2016 14:49 CET | World
Net Insight, a Swedish provider of transport services for media, IP and broadcast networks, reported a 25.3 percent year-on-year ...

Net Insight profit halves in Q2

Published 22 Jul 2015 16:19 CET | World
Net Insight reported second-quarter sales of SEK 93.2 million, down 7.4 percent from a year earlier. Its operating profit for the ...

Net Insight unveils new website, brand, strategy

Published 15 Jul 2015 14:00 CET | World
Net Insight, a Swedish provider of transport services for media, IP and broadcast networks, has unveiled a new brand and ...

Net Insight wins SEK 10 mln order from The Switch

Published 07 Jun 2015 22:47 CET | United States
Net Insight, a Swedish provider of transport services for media, IP and broadcast networks, said it has won an order from The ...

China Unicom adopts Net Insight's Nimbra platform

Published 09 Apr 2015 13:12 CET | China
China Unicom has selected Net Insight's Nimbra platform for a video contribution network to support transporting media content ...

Sentech opts for Net Insight routers for DTT network

Published 18 Feb 2015 15:45 CET | South Africa
South Africa's state-owned transmission network operator Sentech has selected Net Insight's transport systems to deliver ...

Net Insight revenues advance over 16% in Q4

Published 13 Feb 2015 14:21 CET | World
Optical networking equipment vendor Net Insight reported fourth quarter revenues up 16.5 percent from the year before to SEK 91.8 ...