Results below target but strengthened foundation for continued long-term growth and increased profitability
Zalaris’ Q3/18 revenues reached NOK 176 million, an increase of 17.1 per cent compared to Q3/17. Operating profit marked by timing of cloud revenues, costs of contract renewals and increased amortization.Revenues last nine months amounted to NOK 551.3 million, 43.6 cent higher than the previous 9-month period, due to the two strategic acquisitions in Europe. Operating profit in Q3/18 was marked by extensive resources utilized for structuring an efficient organization and capable sales force. “We have delivered 18 years of uninterrupted growth and growth has been particularly strong