2017 was a year of positive market development in all Oras Group markets and similar development is expected to continue. Oras Group introduced numerous novelties that were extremely well received by the customers. The company maintained its strong market position in its key markets and is confident that the renewed product offering will create positive effects in 2018. However, the ramp-up of new products required more resources than had been expected, and brought about one-time costs, which had an impact on the company’s profitability.
See the full information letter and financial statement: http://www.orasgroup.com/media/
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