Nordic Business Report-April 26, 2006-Q-Free ASA posts Q1 EBIT of NOK20.09m
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The Norwegian road toll systems developer Q-Free ASA issued its first quarter report on Wednesday (26 April), posting an operating result (EBIT) of NOK20.09m, as compared to NOK22.01m in the first quarter of 2005.
Revenues amounted to NOK110.15m, as compared to NOK111.03m in the first quarter last year.
One Norwegian krone (NOK) is worth approximately 0.09 British pounds (GBP).
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