Q-FREE –FOURTH QUARTER AND PRELIMINARY FULL YEAR RESULTS 2015
Trondheim/Oslo 10 February 2016 Q4-15 Highlights -Revenues in the fourth quarter were NOK 211 million (258), down 18.0% QoQ -EBITDA NOK - 71 million, (-33.6% margin) normalised EBITDA NOK 9 million before non-recurring restructuring cost of NOK 80 million -Positive cash flow from operations, increased cash at hand since Q3 -Order intake of NOK 210 million -Initiated the Q-FREE ITS Transformation programme 2015 Highlights -Revenues NOK 804 MNOK up 2 % YoY-ATMS increased revenues of 88% YoY, pro forma growth rate 25% -Order intake NOK 1,070 million