Q-FREE THIRD QUARTER 2012: ANOTHER INVESTMENT QUARTER

The postponement of the Jakarta project has a negative impact on the company’s short term financial performance. The third quarter result reflects this. Hence, the operating profit (EBIT) in the quarter was negative with -23 MNOK, on level with the previous quarter, but lower than same quarter last year. However, the top line figures were picking up during the quarter. Revenues came in at 154 MNOK compared to 144 MNOK Q3 last year and also substantially higher than the previous quarters in 2012.Order intake totalized to 153 MNOK, clearly improved compared to previous quarter which