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Sales and net sales

Tecnotree’s net sales for the financial period were EUR 52.8 (47.0) million, 12.4 % higher than a year ago. Revenue from goods and services increased by EUR 10.3 million and revenue from maintenance and support decreased by EUR 4.5 million. The net sales was impacted by EUR -0.2 (-0.2) exchange rate differences. 

The order book represents the total value of confirmed customer orders not yet recognized as revenue and stood at EUR 32.1 (25.5) million in the end of the financial period. 

Further information about net sales is given below in the section “Geographical areas”.

Specification of net sales, M€
  2020 2019 2020, % 2019, %
Revenue from maintenance and support (IFRS 15) 24.7 29.2 46.8 % 62.2 %
Revenue from goods and services (IFRS 15) 28.2 17.9 53.5 % 38.1 %
Currency exchange gains and losses -0.2 -0.2 -0.3 % -0.3 %
Total 52.8 47.0 100 % 100 %
         
Net sales by market area, M€
  2020 2019 2020, % 2019, %
Europe & Americas 11.0 14.9 20.8 % 32.0 %
MEA & APAC 41.8 32.1 79.2 % 68.0 %
Total 52.8 47.0 100 % 100 %
         
Consolidated order book, M€
  2020 2019 2020, % 2019, %
Europe & Americas 4.0 5.6 12.5 % 22.0 %
MEA & APAC 28.1 19.9 87.5 % 78.0 %
Total 32.1 25.5 100 % 100 %