MALMO, Sweden, April 28, 2004 (PRIMEZONE) -- AudioDev AB:
- Net sales totalled SEK 77.2 (47.0) million, which is an increase of 64% compared to the previous year.
- Profit after financial items was SEK 17.2 (2.9) million.
- Profit for the period was SEK 12.6 (1.9) million.
- Profit per share amounted to SEK 0.75 (0.11).
- The backlog of orders was SEK 28.6 (14.2) million at the end of the period.
- The period has been characterised by continued high demand for test equipment for recordable DVD (DVD-R/RW).
AudioDev in brief
AudioDev is a world-leading manufacturer of test equipment for quality control of optical media such as CDs and DVDs. Net sales in 2003 were SEK 273.0 million with the largest markets being in the US, Asia and Europe. The head office is based in Malmo, Sweden. AudioDev has been listed on the Stockholm Stock Exchange since September 2000.
AudioDev's products are sold under the brands CATS and Go!. The products in the CATS series are high precision analyzers for quality testing of all formats on the market. Go! is a new brand with products optimised for process control. AudioDev also offers an extensive service network, as well as customised training and independent test analyses via AudioDev's TestCenter. AudioDev's customers include Technicolor, Ritek Global Media, Microsoft, EMI, Sonopress, Pioneer, Cinram, Panasonic, MBI and CMC.
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