Modest profit is major recovery
NetTest has released its 2003 financial results.
NetTest has released its 2003 financial results The Group's profit for the year 2003 was DKK 50 million (US $8.4 million) - a substantial improvement on the previous year, when the company suffered a loss for the year of DKK 4822 million (US $809 million)
The revenue was DKK 550 million (US $92.3 million), representing a decline from 2002 of DKK 280 million (US $47 million), which was the result of divestments and closure of activities in connection with a changed, focused strategy.
On the ongoing activities, NetTest realised some growth in 2003 despite weak market conditions.