Addnode Group Q4’17: Impressive profitability
Today, Addnode presented their report for the fourth quarter of 2017. Sales came in at SEK 777m, which was in line with our expectations of SEK 771m. The most impressive takeaway from the report was the profitability. More precisely, the EBITA margin came in at 13% compared to our expectations of 9.
4%, indicating that Addnode is back on track.