Q-FREE- FIRST QUARTER RESULTS 2018
Highlights Q1-2018: * 204 MNOK in revenues, down 13% YoY * 16 MNOK in EBITDA, unchanged from Q1 2017 * 203 MNOK in order intake, up 23% YoY * The Slovenia Truck Tolling system went live on 1 April 2018, and ~200 MNOK in payment received on 26 April * Portfolio restructuring according to plan - operations in Serbia divested in Q1 2018, parking management business in Malta to be exited end of Q2-18. - In the first quarter of 2018, Q-Free demonstrated the increased robustness of its business model. Even with a YoY revenue decline of 13 percent, the company maintained its