CEO comment Q3, 2017 - Nobia

CEO comment, Q3 2017

Morten Falkenberg, President and CEO, comments the third quarter 2017.

“Our strong financial position continues to create good opportunities for investing in profitable growth, both organically and through acquisitions. The Nordic growth momentum continues, driven by strong project markets. In the UK, the organic growth was negatively impacted by the phasing out of the B2B customer Homebase, whilst the rest of the business traded just slightly below last year. The gross margin improved and adjusted for currency the operating margin was higher than during the same period last year,” says President and CEO Morten Falkenberg.