Nixu expanded to Sweden and developed technology-based services
Key facts for January–June 2016:
- Revenue: EUR 10,143.5 thousand (January–June 2015: 8,849.5), change:+14.6%
- EBITDA: EUR 107.5 thousand (828.6), change: –87.0%, percentage of revenue: 1.1% (9.4%)
- EBIT: EUR –433.5 thousand (395.9), percentage of revenue: –4.3% (4.5%). The EBIT includes EUR 468.5 thousand of goodwill amortization.
- Nixu entered the Swedish market by acquiring Europoint Networking AB.
- EBITDA was affected by strategic allocations in internationalization and development of technology-based services as well as slower than expected revenue intake between January and March.
- In March and June, revenue grew by +32.2%.