Q-FREE- RESULTS FOR THE SECOND QUARTER AND FIRST HALF 2016
Highlights: Q2-2016 - Revenues of 246 MNOK, 38% growth YoY - EBITDA of 11 MNOK (4.6% margin), vs 14 MNOK in Q2 15 - Order intake of 200 MNOK, mostly from smaller unannounced orders 1H 2016 - Revenues of 465 MNOK, 26% growth YoY - EBITDA of 17 MNOK (3.7% margin), vs 33 MNOK 1H 2015 - Order intake of 523 MNOK, up 94 MNOK YoY POST Q2-2016 - All complaints related to the 472 MNOK tender award in Slovenia rejected, will result in record high order backlog - Frame agreement with Via Verde in Portugal with an estimated value of 75-90 MNOK obtained -Second