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WM-data shows lower margins, again!

Publication: M2 Presswire
Publication Date: 29-APR-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 April 2005-OVUM: WM-data shows lower margins, again!(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:29042005

This morning WM-data - Sweden's largest IT services company - announced its Q1 results. Sales increased by 6% to SEK 2.1bn (*233m) with a profit (EBITA) of SEK 115m (*12.6m) compared with SEK 68m (*7.4m) in Q1 04. Group margin was only 5.4% though that was more than last year's 3.4%. Cash flow from operating activities amounted to SEK 428m (*47m).

WM-data...

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