PAXMAN publishes its year-end report January - December 2018
After a strong fourth quarter PAXMAN exceeded its turnover target for 2018Fourth quarter 2018 · The Group’s sales volume increased to 18.4 (9.0) MSEK in the period October – December. · Pre-tax earnings were -2.3 (-5.8) MSEK, impacted by intensified measures to increase the utilization rate of systems already installed in the US. · EBITDA improved to -0.8 (-4.4) MSEK. · Earnings per share were -0.26 (-0.36) SEK. · Cash flow before financing activities improved to -4.1 (-6.5) MSEK, of which a positive cash flow from operating activities of 1.6 MSEK. The strong expansion