Q-FREE- FOURTH QUARTER AND PRELIMINARY FULL YEAR RESULTS 2017
Highlights Q4-2017: * 265 MNOK in revenues, up 10% YoY * 40 MNOK in EBITDA (15% margin), up from 7 MNOK (2.9% margin) in Q4-16 * 133 MNOK in order intake * -3 MNOK in net cash flow from operating activities including investments despite 47 MNOK in increased work in progress on the Slovenia Truck Tollling project Highlights FY 2017: * 973 MNOK in revenues, up 11% YoY * Operating expenses in percent of revenues reduced with 6% YoY * 110 MNOK in EBITDA excl. non-recurring items (11.3% margin) vs. 11 MNOK (1.3%) in 2016 * 1.0 bn NOK in order backlog of which 442 MNOK