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2008 was another year of strong growth – revenue increased by 24 percent to nearly NOK 6 billion. Both Eltek Valere and Nera Networks confirmed their positions as key players globally in their segments, recording revenue growth of 20 % and 37 %, respectively, and NeraTel posted an increase in operating profit despite a small decline in revenue. However, higher business volumes and currency developments increased working capital requirements and generated a significant negative cash flow and increasing net debt. More
Share price 2008
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