Net Sales

Digia’s consolidated net sales for the reporting period totalled EUR 97.4 (99.7) million, down 2.3 per cent on the same period a year earlier.

Net sales from the domestic segment decreased by 3.5 per cent to EUR 77.0 (79.9) million. Net sales from the Qt segment amounted to EUR 20.4 (19.9) million, showing an increase of 2.6 per cent.

In the domestic business, the net sales decline could be primarily attributed to the fact that the comparison figures for 2013 included a one-off EUR 2.4 million low-margin maintenance deal for a third-party software product concluded in the second quarter. Excluding the impact of this deal, net sales from domestic business in the quarter were almost on a par with the previous year.

Similarly, the net sales development in the Qt business could be attributed to an exceptional net sales item included in the previous year's comparison figures. Net sales in the reference period last year, generated by this five-year deal worth EUR 3.0 million signed in Q2/2013, were EUR 1.1 million higher than those recorded for the reporting period. Excluding the impact of this exceptional deal, Qt net sales grew by 8.7 per cent in the review period, with the final quarter showing particularly strong growth.

During the reporting period, the product business accounted for EUR 39.7 million (1–12/2013: EUR 41.0 million), or 40.7 (41.1)per cent of consolidated net sales.

International operations accounted for EUR 20.2 million (1–12/2013: EUR 21.1 million), or 20.7 (21.2) per cent of consolidated net sales during the reporting period.