Q1, 2017 operating profit was €2.7m positive and accounted for 7.3% of net sales. The clear growth in operating profit stemmed from growth in net sales and the successful completion of deliveries as predicted.
The result before taxes for the reporting period was €2.9m positive. The result for the reporting period was €2.1m positive. Earnings per share (undiluted) were €0.50.
During Q1, the order intake, €24m, was at a good level. Of the new orders, 52% came from Europe, 19% from North America, 18% from Russia, 10% from South America and 1% from Asia-Pacific.
