Nasdaq OMX
Announcement no. 21/2008
Growth through 11 straight quarters
Once again, Maconomy's third quarter of 2008 showed progress in revenue as well
as profits. Revenue grew by 5% to DKK 52.6 million, and the underlying growth
was 10% after exchange rate adjustments in this period. Similarly, licence
revenue showed a growth rate of 8% - and 12% after exchange rate adjustments.
Earnings before depreciation (EBITDA) were improved in the third quarter of
2008 from DKK 2.2 million to DKK 4.9 million, in line with expectations.
Accordingly, the aggregate expectations for 2008, as expressed in the interim
report for the first half of 2008, are maintained at revenue of DKK 240
million, including licence revenue of DKK 75 million and with earnings before
depreciation (EBITDA) of DKK 10 million.
Further information:
Hugo Dorph, CEO Klaus Juhl Wulff, CFO
Phone: (+45) 35 27 24 24 Phone: (+45) 35 27 23 67
E-mail: ir@maconomy.com E-mail: ir@maconomy.com
This announcement has been prepared in Danish and English. The Danish version
is to be considered the original version for official purposes and in case of
any discrepancies between the two versions, the Danish version shall prevail.
