Q-FREE RESULTS FOR THE FIRST QUARTER 2014
Oslo/Trondheim, 30 April 2013: Q-Free reported 22 percent increase in revenues to NOK 168 million in the first quarter 2014, reflecting continued growth for Products and Services & Maintenance but lower Projects revenues. Operating profit (EBIT) increased to NOK 1 million from an operating loss of NOK 53 million in the first quarter 2013, whereas pre-tax profit improved to NOK 2 million from a loss of NOK 55 million in the same period last year.Order entry amounted to NOK 238 million in the first quarter, the highest levels since the second quarter 2012. Order backlog increased to NOK 448