Smartoptics Group AS (SMOP) – Q2 2023: Continued strong growth and solid margins.
Oslo, 23 August 2023 - Smartoptics Group AS (OSE: SMOP) today reported revenues of USD 17.0 million in the second quarter of 2023, up 16.3 percent from the corresponding period in 2022 (USD 14.6 million) and an EBITDA margin of 18.7 percent, compared to 22.9 percent in the second quarter 2022. EBIT margin was 16.0 percent compared to 20.3 percent in the same period last year.“Smartoptics’ second quarter 2023 was another quarter of solid growth and high operating margins. The quarter saw strong development with enterprises and service providers. The strong growth in these traditional