Ellen AB announced earnings results for the first quarter of 2016. For the quarter, the company's revenue for the first quarter of 2016 amounted to SEK 3,188,000, marking a decline compared with the same period last year. The main reason for this downturn is that the company had no sales in Germany in January since the takeover in Germany was completed in February.

In addition, IPRAD largest-ever order was received last year in the first quarter. IPRAD's market sales are on par with 2015 and the company foresee no weakening, but instead expect that their purchases in 2016 will remain at a stable level.