Q-FREE – RESULTS FOR THE FIRST QUARTER 2015
Trondheim/Oslo 22 April 2015: Q-Free reported revenues of NOK 191 million for the first quarter of 2015, up 13 percent from the corresponding quarter in 2014. Growth is driven by higher activity within the ATMS segment following last year’s acquisitions.Gross margin was 70.9 percent during the quarter, up from 59.6 percent in the first quarter of 2014. The improvement is mainly driven by a higher share of revenues generated within the ATMS segment, where margins traditionally are somewhat higher than for the Products-segment. Operating profit before depreciation and amortisation (EBITDA)