• Suomi
• English

Net sales of Tecnotree were low during the first half of the year

Tecnotree Corporation
Stock Exchange Release
6 August 2014 at 9:30 am EEST

The net sales of the first half of the current year were lower than normal. The net sales in the first quarter are usually low. This is caused, among other things, by the timing of the investment decisions of the customers. The net sales of the second quarter are normally higher than in the first quarter but a part of the orders expected for the second quarter have been postponed to the latter half of the year resulting in lower net sales. The net sales figures are (in millions of euros):
   

Despite the low net sales of the beginning of the year, the prospects for 2014 have not changed from those disclosed earlier: “Tecnotree estimates that its net sales and operating result will improve from 2013. Variations in the quarterly figures will be considerable.”

Tecnotree will disclose its interim report for the first half of 2014 at 8:30 am EEST on 13 August 2014.


TECNOTREE CORPORATION

Ilkka Raiskinen
CEO
Tel. +358 45 311 3113

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com

About Tecnotree
Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps communications service providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetise on service bundles, provide personalised user experiences and augment value throughout the customer lifecycle. With over 1100 telecom experts, Tecnotree serves more than 100 service providers in over 70 countries. Tecnotree is listed on the main list of NASDAQ OMX Helsinki with the trading code TEM1V. For more information on Tecnotree, please visit  www.tecnotree.com