Nordic Business Report-April 20, 2006-Norman ASA reports Q1 pre-tax profit of NOK9.3m
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The Norwegian data security company Norman ASA issued on Thursday (20 April) its interim report for the first quarter, posting a pre-tax profit of NOK9.3m, as compared to NOK8.2m in the first quarter of 2005.
Revenues amounted to NOK63.5m, up by 13% from NOK56.2m in the first quarter last year.
Norman said that it expects to maintain growth and profitability in the second quarter.
One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).
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