Tecnotree’s net sales for the financial period were EUR 41.9 (55.1) million, 23.9 % lower than a year ago. Revenue from goods and services decreased by EUR 12.4 million (including revenue from contract work recognized by stage of completion in 2017) and revenue from maintenance and support decreased EUR 1.9 million. The net sales was impacted by EUR 0.1 million of negative exchange rate differences (EUR 1.3 million negative), mainly due to the fluctuations of the US dollar against the euro.
Order book in end of the financial period stood at EUR 21.1 (26.2) million
Further information about sales and net sales are given below in the section “Geographical areas”.