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QSC announces lower revenues, positive net income in 2017

Monday 5 March 2018 | 13:00 CET | News
German IT and data services provider QSC announced a decrease in revenues for the 2017 financial year from EUR 386 million to EUR 357.9 million, while EBITDA rose slightly by EUR 1.2 million to EUR 38.2 million. The company posted net income of EUR 5.1 million for 2017, the first positive figure in four years, while its free cash flow climbed 50 percent to EUR 12.6 million in 2017. Capital expenditures declined from EUR 28.4 million to 19.3 million. QSC announced it plans to once again distribute a dividend of EUR 0.03 per share. 

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Categories: Fixed
Companies: QSC
Countries: Germany
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