Nordic Business Report-April 25, 2006-Andvord Tybring-Gjedde ASA reports Q1 pre-tax result of NOK18.5m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Norwegian office materials supplier Andvord Tybring-Gjedde ASA issued its first quarter report on Tuesday (25 April), posting a pre-tax result of NOK18.5m, as compared to NOK10.0m in the first quarter of 2005.
Revenues amounted to NOK660.8m, up from NOK382.6m in the first quarter last year.
The strong increase reflects the acquisition and consolidation of Andvord Group.
One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).
((Comments on this story may be sent to email@example.com))