Tilgin Interim report 1 January - 30 September 2007 Third quarter 2007 • Net sales SEK 89.9 million (86.6). • Net result SEK -5.2 million (-7.2), of which realized and unrealized currency hedging positions negatively affected the result by SEK -4.1 million. • Loss per share SEK -0.24 (-0.56) before dilution. • Order intake SEK 117.9 million (118.8) and order backlog as of 30 September 2007 SEK 107.0 million (121.7). • Gross margin 28 % (17 %). • Operating loss SEK -4.8 million (-5.8). • Cash flow from operating activities SEK -3.1 million (-34.8). • Cash and bank SEK 40.2 million (17.1) as of 30 September 2007. First nine months of 2007 • Net sales SEK 273.6 million (285.0). • Net result SEK -46.4 million (-40.8). • Loss per share SEK -2.08 (-3.31) before dilution. • Gross margin 21 % (20 %). • Operating loss SEK -44.5 million (-38.3). • Cash flow from operating activities SEK 46.1 million (-63.4) ”We have experienced strong growth in order intake during the third quarter, following a weak second quarter. Our IPTV business in particular has showed strong recovery.” Ola Berglund, CEO ― End ― “This press release has been reported to the Swedish Financial Supervisory Authority subject to FFFS 2007:11”. PHONE CONFERENCE: In view of the interim report, the capital market is invited to a conference call on Friday 26 October. The conference will start at 09:00 CET. Participants may follow the conference via Internet, website www.tilgin.com/q307, or access it by dialing UK +44 (0) 207 138 0843 or Sweden +46 (0)8 5352 6457. A presentation will be held available at the company's web site. For further information, please contact: * Ola Berglund, CEO, Tilgin AB (publ), Phone: +46 739 61 86 03, E-mail: ola.berglund@tilgin.com * Mikael Sköld, CFO, Tilgin AB (publ), Phone: +46 708 48 30 11, E-mail: mikael.skold@tilgin.com Tilgin designs and delivers premier IP customer premises equipment (CPE) for advanced Triple Play and IMS-based services. Supporting the full convergence of voice, video and data, Tilgin takes a network systems approach to CPE that enables service providers to offer a broad range portfolio of innovative and competitive broadband services. Tilgin's comprehensive product portfolio of IP residential gateways, set-top boxes and related management applications, offers service providers unprecedented return on investment - delivering new service revenues and impressive cost savings over the lifetime of the product. Tilgin was founded in 1997 under the name i3 micro technology and listed on the Stockholm Stock Exchange on the Nordic List as of December 2006. It is headquartered in Kista, Sweden, with European sales representation in France and Germany. www.tilgin.com
Tilgin Interim report 1 January - 30 September 2007
| Source: Tilgin AB
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