Nordic Business Report-April 27, 2006-Cencorp Oyj reports 3-month operating loss of EUR1.2m
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Finnish automation solutions developer Cencorp Oyj Corporation reported on Thursday (27 April) an operating loss of EUR1.2m on net sales of EUR5.9m for the financial quarter January-March 2006.
Operating loss for the three-month period decreased from a profit of EUR0.7m, while net sales decreased from EUR8.6m, as compared to the corresponding period in 2005.
Net sales of the second quarter are expected to exceed EUR7m and operating profit (EBIT) to exceed 8%.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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