Financial Statement Release
Storent Investments AS interim report for Q3
Insider information, 2019-10-31 13:39 CET --
Total revenues for Storent group in Q3 2019 slightly increased compared to respective period of 2018, 9-month period demonstrated increase as well. Despite the fact that construction markets in the Baltics, Sweden and Finland are on a flat or slightly decreasing trend, we expect to continue to grow through Q4 compared to respective period in 2018. Latvia and Lithuania continue to be the leading revenue generating markets for us.
Outlook for Q4 looks positive in all countries with expected results either above or at Q4 2018 level. Among other initiatives, management will continue to evaluate geographical expansion opportunities in Sweden and Finland.
AS Storent Investments CFO
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