INTERIM REPORT JANUARY - MARCH 2019
First quarter 2019 (January 1 to March 31 2019)
- Net sales for the group for the quarter amounted to 9 515 KUSD, lower than Q1 last year due to destocking at major customers
- EBITDA for the group amounted to 423 KUSD, a decrease of 457 KUSD over Q1 2018; mainly due to an increase in 3D OPEX
Global Scanning A/S Graham Tinn, CEO
Svanevang 2, 3450 Allerød Tel: 0045 48141122, Mail: email@example.com
Tel: 0045 48141122
The Group develops, manufactures and markets large-format scanning solutions for the computer-aided design (CAD), geographic information systems (GIS), reprographic products, copy services and document archiving segments under the brand names of Contex and Colortrac respectively. The scanners digitally capture documents, drawings and other 2D input in order to view, edit, archive, convert or print output data.
The group's products are sold across the world through a value-add distribution network and via OEM agreements with major multinational enterprises within the Large Format Printing industry.
The group operates a 3D online sharing platform and plan to combine potential 3D hardware with this platform to create new innovative products in this space.