Techstep ASA: Q2 and H1 2017 results
(WorldNews Norway)

Techstep ASA: Q2 and H1 2017 results 17.08.2017 07:00 Highlights second quarter and first half 2017 - Stable Q2 2017 pro forma revenues of NOK 182.2 million (NOK 180.3 million) ; reflecting a y-o-y growth of 28% in solutions revenue and 2.4% in hardware revenue, which is offset by a reduction in commission and bonuses. The reduction relates to the transition to new business model and focus on solution sales - Pro forma adjusted EBITDA of NOK 1.8 million (NOK 10.7 million) ; mainly explained by a combination of stable total revenues and increased costs related to growth investments, including consolidation of group entities and customer offering in preparation for further expansion - Secured...