Q-FREE – RESULTS FOR THE THIRD QUARTER 2015
Trondheim/Oslo, 22 October 2015: Q-Free reported revenues of NOK 223 million for Q3 2015, an increase of 11.6 percent from the corresponding period last year. The increase mainly stems from recently acquired companies. Revenues in Q3 2014 included NOK 22 million from Noca, which was sold in Q4 2014. The gross margin was 77.0 percent during the quarter, up from 66.1 percent in Q3 2014. The margin improvement is mainly due to changes in the revenue composition, with an increasing share of revenues from ATMS and RUC projects. Operating profit before interest, tax, depreciation and