August 24, 2017 / 5:53 AM / 4 months ago

BRIEF-Raysearch Q2 profit down yr/yr

Aug 24 (Reuters) - Raysearch

* Q2 net sales SEK 141.6 m (119.0), of which revenues from Raystation SEK 127.6 m (107.8)

* Q2 profit after tax SEK 20.1 m (28.8)

* Q2 operating profit SEK 26.8 m (37.5)

* Q2 order intake excluding. Service agreements SEK 108.8 m (129.1), of which Raystation SEK 98.0 m (120.8)

* Says H1 operating margin declined to 22 percent (28) as a result of currency effects and increased selling expenses due to expansion of our global sales and support organization

* Says have expanded global sales and service organization substantially in 2017

* Says this expansion will continue, which may reduce the operating margin in short term Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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