Eltel swings to loss in Q2 2019.

NORDIC BUSINESS REPORT-July 25, 2019-Eltel swings to loss in Q2 2019

(C)2019 M2 COMMUNICATIONS http://www.m2.com

Eltel AB (STO:ELTEL) reported on Wednesday a negative net result of EUR2.0m, or EUR0.01 per share, for the second quarter of 2019, from April to June 2019.

This was a decline from the net result of EUR0.2m, or EPS of EUR0.00, in Q2 2018.

Net sales for the quarter were EUR276.0m, down by 6.6% as compared with EUR295.5m a year earlier.

Eltel is a Northern European provider of technical...

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