Nordic Business Report-April 24, 2006-Teleca AB posts Q1 operating result of SEK21m
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The Swedish software engineering services provider Teleca AB issued on Monday (24 April) its interim report for the first quarter, posting an operating result (EBIT) of SEK21m, as compared to SEK38m in the first quarter of 2005.
The decline was in part due to project delays and costs related to new products.
Net sales amounted to SEK803m, up from SEK758m in the first quarter last year.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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