0
General

Talkpool Q1 net sales fall 13%, still expects monthly positive numbers by year-end

Wednesday 20 May 2020 | 13:49 CET | News
Swedish network service provider Talkpool net sales in the first quarter fell by 12.5 percent to EUR 4.88 million from EUR 5.58 million the year before. It said Covid-19 had limited financial impact in Q1 but is affecting its full year forecasts. It expects revenue growth and monthly numbers in the black before the end of 2020, despite major dampening caused by the coronavirus.

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.

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: TalkPool
Countries: Sweden / Tanzania, United Republic of / World
::: add a comment
This article is part of dossier

5G

,

Coronavirus

,

IoT


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

Talkpool AGM approves EUR 2 million Swiss loan conversion into equity

Published 19 May 2020 11:56 CET | World
Swedish network service provider Talkpool said that following approvals by its AGM and board of directors on 15 May 2020, a Swiss ...

Talkpool extends bond repayment to 2021

Published 26 Mar 2020 11:47 CET | World
Swedish network service provider Talkpool said it has decided to extend the repayment date of its outstanding bond distributed by ...

Talkpool Q4 net sales drop 30%, EBITDA loss shrinks as cost-cutting feeds through, Middle East talks on hold

Published 18 Mar 2020 12:11 CET | World
Swedish network service provider Talkpool said its turnaround programme started to show results in operational efficiency and ...

Talkpool provides platform for smart buildings to Atrium Ljungberg

Published 20 Feb 2020 11:32 CET | Sweden
Talkpool will provide a platform for smart buildings to Swedish real estate company Atrium Ljungberg as part of a framework ...

Talkpool automates secure IoT device provisioning with The Things Enterprise Stack

Published 19 Feb 2020 09:46 CET | World
Talkpool partnered The Things Industries to use its LoRaWAN products featuring secure boot, encrypted firmware and hardware ...