April 14, 2021
Business News

Tecnotree Posts Strong Growth in 2020 Despite Pandemic & Global Slowdown


TAMPERE, Finland–()–Tecnotree, the global provider of IT solutions for the telecom industry, has recently announced its Q4 and full-year 2020 financial results.

In a year that will globally go down in history as the year of pandemic and resultant economic slowdown, Tecnotree posts a different story. With a substantial 76% increase in net income and 48% EBIT growth, Tecnotree displayed strong resilience even during the most difficult times. The company struck the right chord for all the key metrics in 2020; and with 4 new clients and an Order-Book of more than €32 million, Tecnotree appears set to continue the growth momentum in 2021.

2020 year performance at a glance:

  • Net sales grew by 12% to €52.8M…



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