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Tecnotree boosts Q4 orders amid stable net sales, doubles EPS

Friday 26 February 2021 | 12:24 CET | News
Finnish provider Tecnotree said it continued to serve customers in 2020 despite the pandemic causing a slowdown in the global economy, thereby boosting profits and leading to its highest order book position in the last five years. It reported net sales of EUR 14.2 million in the fourth quarter, up slightly from EUR 14.1 million a year earlier. The adjusted operating profit rose to EUR 4.3 million from EUR 4.1 million in Q4 2019, and adjusted profit increased to EUR 4.3 million from EUR 2.8 million.

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Categories: IT / Mobile & Wireless
Companies: Tecnotree
Countries: Finland / World
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