Telegrupp AS 2004 results

2004 turnover was € 4,2 millions and profit before tax was € 205 thousand, profit after income tax was €147 thousand. Income tax incurred from dividend payment. At the end of the 2004 there were 37 full time employees in Telegrupp.
2004 best acheavments include successful starts of the following services like: video surveillance, public address, fire alarm and gas extinguishing system for server room. Sales of the computer network active components have increased substantially during last year. Telephony systems department has broadened offerings with the IP telephony systems. Telegrupp started partnership with Netcentrex for MobileIPCentrex solutions.

Revenue for the 2005 is expected to be 15% higher, and profitability in the range of 4-6%.