Nera Networks reports revenue growth

Financial information

A revenue of NOK 468 million in second quarter of 2009 is 3% higher than for the first quarter.

The revenue growth is mainly contributed to larger deliveries in the EMEA region, including countries like Bulgaria, Saudi Arabia and Equatorial Guinea.

Adjusted for non-recurring costs, EBITDA was NOK 29 million and EBIT NOK 8 million.

Nera Networks AS is a fully owned subsidiary of Eltek ASA (ELT) listed on the Oslo Stock Exchange. A full financial report for Q2 2009 is available from the Eltek website. 

 

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Headquarter - Bergen, Norway: Nera Networks AS, Kokstadveien 23, P.O. Box 7090, N-5020 Bergen, Norway, Tel: (+47) 55 22 51 00, Fax: (+47) 55 22 52 99

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