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Tuesday, 02 December, 2008, 00:20 GMT | more >>

Odim’s profits scale new heights



By Upstream staff 

Norwegian technology player Odim reported a 89% surge in net profits last year as total revenues rose from the Nkr878.6 million ($165.6 million) to Nkr1.4 billion for the year.

Net profits for the full year hit Nkr200.5 million compared with Nkr106.2 million in 2006.

“In the short term, our corporate goal is to achieve sales of Nkr2 billion in 2008,” said Odim boss Jogeir Romestrand.


Wednesday, 27 February, 2008, 06:37 GMT  | last updated: Wednesday, 27 February, 2008, 09:14 GMT

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