Nasdaq OMX Copenhagen
Announcement no. 1/2009
Preliminary earnings statement: 2008 was another year with revenue growth
Copenhagen, January 26, 2009. Maconomy's Executive Board today reviewed the
preliminary, unaudited earnings for 2008.
For the full year, total revenue grew by 4% (8% adjusted for exchange rate
fluctuations) from DKK 223 mil-lion in 2007 to DKK 231 million in 2008.
Earnings before depreciation (EBITDA) showed an improvement of 27% from DKK 7
million in 2007 to DKK 9 million in 2008. The review of the figures has not
given rise to an adjustment of the expectations for a positive result before
tax.
The unaudited result before depreciation (EBITDA) is in line with the
previously announced expectations. Taking the challenging market conditions in
2008 into account, Maconomy's Executive Board considers the result
satisfactory.
Detailed information about 2008 and the expectations for 2009 will be announced
in the audited annual re-port for 2008. The report is due for release on
February 27, 2009.
Hugo Dorph
CEO
Further information:
Hugo Dorph, CEO
Tel. (+45) 35 27 24 24
About Maconomy A/S (www.maconomy.com)
Maconomy is a global supplier of industry-specific business solutions for
project- and service-oriented companies (“Professional Services
Organisations”). Maconomy provides services to approx. 600 customers in 50
countries through offices in the U.S. and Europe, and through a comprehensive
partner network. 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 purpose and in case of
any discrepancies between the two versions the Danish version shall prevail
