Qt Group Oyj Reports Sales Results for the Fourth Quarter and Full Year of 2017; Provides Sales Guidance for the Year 2018
For the year, that company's net sales amounted to EUR 36.2 million, with 11.8% growth from the previous year.
The company estimates the growth of its net sales to pick up speed in 2018 with over 15% growth from the previous year. Due to investments in line with growth strategy, the company's operating result will, in line with earlier estimates, show a substantial loss also in 2018. The forecast does not take the effects of changes in exchange rates into consideration.