Talenom's net profit up in Q1 2019.
NORDIC BUSINESS REPORT-April 24, 2019-Talenom's net profit up in Q1 2019
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Accounting firm Talenom Oyj (HEL:TNOM) reported on Tuesday net profit of EUR2.6m, or EPS of EUR0.38, for the first quarter of 2019, from January 2019 to march 2019.
This was an increase over net profit of EUR2.0m, or EPS of EUR0.29, in Q1 2018.
Net sales for the quarter were EUR14.8m, up by 16.1% as compared with EUR12.7m in Q1 2018.
After the quarter, the company announced its expansion into Sweden with an acquisition. At the same time, the company adjusted its guidance for 2019
The new guidance for 2019, issued in connection with the acquisition on 4 April 2019, is that net sales growth percentage is excepted to increase from the 18% 2018. Operating profit margin is expected to increase from 2018...
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