Nordic Semiconductor ASA Reported Fourth Quarter 2017
revenues of MUSD 64.4 and EBIT of MUSD 0.8, compared to
revenues of MUSD 52.6 and EBIT of MUSD 1.5 in Q4 2016.
Bluetooth sales at MUSD 44.1 (68.5% of Q4 2017 Revenues), compared to MUSD 30.6 (58.2% of Q4 2016 Revenues). Before tax profits was MUSD 1.0, compared to MUSD 1.3 in Q4 2016.
"The company achieved record revenues in 2017. Bluetooth sales grew 40%- and our organization is investing to maintain and secure future market leadership" says Svenn-Tore Larsen, CEO of Nordic Semiconductor ASA.
For more information, please see the attached Fourth Quarter 2017 report.
Quarterly Presentation
On the release day, Svenn-Tore Larsen, CEO of Nordic Semiconductor will give a presentation together with the CFO and the Director of Strategy and IR. The presentation will take place at 08:00 a.m. CET at Thon Hotel Vika Atrium Munkedamsveien 45, 0250 Oslo, Norway.
There will be a live webcast from the presentation which can be accessed from: www.nordicsemi.com The presentation will be held in English. A recorded version of the presentation will also be available after the broadcast has concluded.
For further information, please contact:
Pål Elstad, CFO
Nordic Semiconductor ASA
Phone: +47 991 66 293
Email: pal.elstad@nordicsemi.no
Thomas Embla Bonnerud, Director of Strategy and IR
Nordic Semiconductor ASA
Phone: +47 951 00 257
Email: thomas.embla.bonnerud@nordicsemi.no
About Nordic Semiconductor
Nordic Semiconductor has been a pioneer in the field of ultra-low power wireless solutions since 2002, and was one of the founding members of the Nokia initiative which created the Bluetooth Low Energy standard. Today, Nordic Semiconductor is by far the market leader within the ultra-low power wireless segment. Nordic Semiconductor (NOD) is a public company listed on the Oslo stock exchange in Norway.
For more information go to www.nordicsemi.com
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)