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Sales and net sales

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”.

SPECIFICATION OF NET SALES 2018 2017 2018 2017
Me Me % %
Revenue from contract work recognised by stage of completion (IAS 11)
11.3
20.5
Revenue from maintenance and support (IAS 18)
31.2
56.7
Revenue from goods and services (IAS 18)
13.8
25.0
Revenue from maintenance and support (IFRS 15) 29.3
69.9
Revenue from goods and services (IFRS 15) 12.7
30.3
Currency exchange gains and losses -0.1 -1.3 -0.2 -2.3
TOTAL 41.9 55.1 100.0 100.0










NET SALES BY MARKET AREA 2018 2017 2018 2017
Me Me % %
Europe & Americas 16.3 24.2 39.0 43.9
MEA & APAC 25.6 30.9 61.0 56.1
TOTAL 41.9 55.1 100.0 100.0










CONSOLIDATED ORDER BOOK 2018 2017 2018 2017
Me Me % %
Europe & Americas 4.8 10.7 22.7 40.9
MEA & APAC 16.3 15.5 77.3 59.1
TOTAL 21.1 26.2 100.0 100.0