Continued growth with high gross margin

First Quarter 2018

 Jan-MarJan-MarJan-Dec 201820172017Operating income, kSEK 21,21618,11093,172EBITDA, kSEK 2,5373,19310,640Operating profit/loss, kSEK 1 ,2082,5246,336Profit/loss after tax, kSEK0,9411 ,9654,421Net earnings per share, kSEK0.040.090.20

Significant events during the quarter

•       New volume order for payment terminals, with an order value of SEK 2 million

•       Strategic investment in a payment solution for the expanding e-commerce market

•       Expanded business focus in Australia

•       New volume order for payment terminals, with an order value of SEK 2 million

Significant events after the end of the quarter

•       Continued deliveries to ABSA Bank, with an order value of SEK 4 million

•       Additional self-service kiosks to MAX Burgers, with an order value over SEK 3 million

•       Write-down of doubtful accounts receivables leads to a lower profit for 2017

•       Launch of the Westpay brand

•       Westpay has decided to start communicating with the market in English as the sole language


For further information, please :

Sten Karlsson, vd West International AB
Mobil:
E-post: sten.karlsson.se

The company‘s Certified Adviser is Erik Penser Bank, telephone: +46 8 463 80 00.

The content herein is information which West International AB is required to disclose under the EU Market Abuse Regulation. The information was submitted, through the above , for disclosure on 17 May 2018 at 09:10 CET.

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