June 16, 2017 / 6:11 AM / in a month

BRIEF-Strongpoint issues profit warning

1 Min Read

June 16 (Reuters) - STRONGPOINT ASA:

* Strongpoint Asa: Profit Warning

* EXPECTS EARNINGS IN Q2 TO BE IN LINE WITH, OR SLIGHTLY WEAKER THAN Q1 THIS YEAR, WHEN EBITDA ENDED AT MNOK 10.7

* GROUP HAS NOT GOTTEN SEASONAL INCREASE IN REVENUE THAT WE NORMALLY HAVE AT THIS TIME OF YEAR

* QUARTER IS CHARACTERIZED BY FEWER LARGE PROJECTS COMPARED WITH LAST YEAR

* UPGRADES IN CONNECTION WITH NEW BANKNOTES IN NORWAY HAVE LARGELY BEEN FINALISED, AND NO SIGNIFICANT ORDERS HAVE BEEN RECEIVED WITHIN CASH SECURITY OR ESL SOLUTIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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