Q-FREE ASA - FIRST QUARTER RESULT 2010
“We are experiencing high market activity, and as it looks now several major projects will be awarded in 2011 and onwards. Q-Free’s present position and our continuous effort to improve and broadening our portfolio will place Q-Free in an attractive position going forward”, says CEO Dr. Oyvind Isaksen.Highlights from the quarter; • Revenues of 191.6 MNOK • Operating profit of 13.2 MNOK, 6.9 % margin • Profit before tax amounted to 14.8 MNOK, 7.7 % margin • Order intake of 157 MNOK • Order backlog of 679 MNOK Isaksen further comments; “2010 will be a transition year for which the most