Empower reports good result in January-March 2017

tis 2 maj 2017 11:57:52

Empower Group’s EBITDA for the first quarter of 2017 was EUR 1.3 million (2.9). The result was significantly above the budget. Power network sector had a few large projects in the beginning of 2016, which affected on the comparison period EBITDA of Q1/2016. The industrial and information management sectors reported a strong result from the first quarter. The EBITDA was in line with the budget in power network and telecom sectors.

Empower Group’s turnover in January-March was EUR 50 million (50.7). The turnover was slightly above budget in all business sectors.