Announcement no. 10 - 2008/09 November 27, 2008
Interim report for the six months ended October 31, 2008
Sustained revenue and profit improvement
• Revenue for the six months ended October 31, 2008, the first half of the
financial year,
was DKK 604 million, up 4% on the same period of last year.
• The largest segment, terminals, reported a 12% improvement. The improvement
was
triggered by strong growth in the maritime and the land mobile areas.
• Operating profit was DKK 73 million compared with DKK 79 million in the
year-earlier
period, equivalent to an operating margin of 12.1% (13.6%).
• Net profit increased 16% to DKK 58 million.
• For the 2008/09 financial year, we maintain our forecast of revenue of
between DKK
1,300-1,325 million and an operating profit of around DKK 160-180 million. The
operating margin is thus expected to be around 13%.
Thrane & Thrane will review the interim report at an investor presentation to
be held at 10:00 a.m. today.
The meeting will be held at the NASDAQ OMX Copenhagen, Nikolaj Plads 6,
Copenhagen K,Denmark.
For further information, please contact
John Alexandersen, Vice President, Group Communications
Tel. (+45) 39 55 88 35 or (+45) 22 72 38 22 (mobile)
