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BRIEF-QPR Q1 net sales rise to EUR 2.3 million
April 27, 2017 / 6:48 AM / 8 months ago

BRIEF-QPR Q1 net sales rise to EUR 2.3 million

April 27 (Reuters) - QPR SOFTWARE PLC:

* Q1 NET SALES EUR 2.3 MILLION VERSUS EUR 2.0 MILLION YEAR AGO

* Q1 OPERATING PROFIT EUR 276,000 VERSUS LOSS EUR 105,000 YEAR AGO

* ESTIMATES THAT ITS NET SALES WILL GROW IN 2017

* SAYS 2017 OPERATING PROFIT WILL REMAIN SLIGHTLY LOWER THAN PREVIOUS YEAR DUE TO GROWTH INVESTMENTS

* PLANNED INCREASE IN COSTS IS MAINLY RELATED TO ACCELERATING SOFTWARE DEVELOPMENT AND GROWTH INVESTMENTS IN INTERNATIONAL BUSINESS. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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