OMX Nordic Exchange Copenhagen
Stock Exchange Announcement no. 2/2008
Consolidated Financial Statements 2007 - profit before income tax realised
Today Maconomy's Board of Directors of Maconomy A/S has reviewed the
Consolidated Financial Statements 2007. In 2007, Maconomy achieved revenue of
DKK 223.2 million and profit before income tax of DKK 1.8 million, which was in
line with expectations.
Copenhagen, 3 March 2008. Today Maconomy's Board of Director's has reviewed the
Consolidated Financial Statements 2007 and recommended it for approval by the
Annual General Meeting on 30 April 2008.
In 2007, Maconomy achieved 24% growth in revenue from DKK 179.5 million to DKK
223.2 million and the underlying growth in licence revenue totaled 35%. The
announced growth targets for 2007 were thereby achieved.
All markets realised revenue increase in 2007 and, at the same time, growth in
costs were reduced. This lead to profit before income tax in line with
expectations showing a profit of DKK 1.8 million (2006: a loss of DKK 11.0
million).
In 2008, Maconomy will focus on bringing the current growth plan ”Roadmap for
Growth” to completion, while preparing the ground for the next growth plan
”Roadmap to Growth II: European Leadership in 2011”. For 2008 Management
expects revenue in the region of DKK 260 million and earnings before
depreciation (EBITDA) at DKK 25 million.
The Consolidated Financial Statements will be presented by Hugo Dorph on a
webcast, which will be available on www.maconomy.com from Tuesday, 4 March
2008, 12 pm. CET.
Thomas Hartwig Hugo Dorph
Chairman CEO
For further information about the Annual Report contact:
• Hugo Dorph, CEO, tel.: +45 35 27 24 24
• Ulrik Christensen, CFO, tel.: +45 35 27 23 67
About Maconomy A/S (www.maconomy.com)
Maconomy is a global provider of industry-specific business solutions for
professional services companies and marketing communications organisations.
Maconomy services and supports roughly 600 customers in 50 countries through
our offices in the U.S. and across Europe, and through an extensive partner
network. Today, more than 100,000 users worldwide use Maconomy's business
solutions.
This announcement has been prepared in Danish and English. The Danish version
is to be considered the original version for official purposes, in case of any
discrepancies between the two versions the Danish version shall prevail.
