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Tecnotree lifts Q2 sales and profit, H1 order book swells by 55%

2020-08-13 09:56:00| Telecompaper Headlines

(Telecompaper) Finnish IT provider Tecnotree has reported a rise in net sales for the second quarter to 30 June to EUR 14.1 million from EUR 11.0 million a year earlier. Adjusted EBIT for Q2 improved to EUR 5.8 million from EUR 3.6 million the year before, giving a 45 percent EBIT margin. Second quarter net profit expanded to EUR 4.2 million from EUR 1.4 million.

Tags: by order book sales

Category:Telecommunications

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