Comptel Q1 net sales dipped 7%

Comptel net sales decreased in the first quarter by 6.9 percent to 16.8 million euros ($24.3 million) from 18.1 million euros ($26.2 million) in the same period of 2010.
CEO Juhani Hintikka said net sales performance was particularly disappointing in Europe and the Middle East.
However, net sales for the entire year are expected to growth “moderately.”

Comptel will invest in the further development of its sales channels, which will put operating profits in the same level as the previous year.