Ericsson Nikola Tesla reported on Thursday that its sales revenues in 2015 rose by 3.8% to HRK 1.36 billion, and the net profit went up by 4.6%, to HRK 91.3 million, according to a financial report on the last year's performance of this Zagreb-based provider of information-communications products and services.
"Our business results in 2015 indicate the continuation of stable operations. A marked increase in revenues was achieved by activities in the Ericsson market, which has offset a decline in revenues from other markets," the Ericsson Nikola Tesla president Gordana Kovacevic was quoted as saying in a press release.
The gross profit of the company was 177.2 million kuna, which was 1.3% lower than in 2014.
The operating income increased by 12.2% to HRK 91.4 million.
(EUR 1 = HRK 7.6)