Stockholm, Sweden, February 6, 2009 - Enea (Nordic Exchange/Small Cap/ENEA), a world leading provider of network software and services, today reports its full year report for 2008. Fourth Quarter * Net sales increased by 9 percent to SEK 252.0 (232.2) million. - Software sales increased by 18 percent to SEK 99.3 (84.0) million. - Consulting and other revenue rose 3 percent to SEK 152.7 (148.2) million. * Operating profit was SEK 23.4 (24.5) million with an operating margin of 9.3 (10.6) percent. * Net profit was SEK 31.8 (35.9) million, equivalent to SEK 1.76 (1.96) per share. January - December * Net sales increased by 12 percent to SEK 917.6 (820.6) million. * Software sales increased by 9 percent to SEK 338.4 (311.6) million. * Consulting and other revenue rose 14 percent to SEK 579.2 (509.0) million. * Operating profit rose to SEK 73.1 (72.1) million. The operating margin was 8.0 (8.8) percent. * Net profit increased to SEK 88.3 (71.2) million, equivalent to SEK 4.90 (3.88) per share. Events after the end of the period Enea adopted a cost-cutting program, including staff cutbacks in product development. The program is expected to save SEK 15 million in 2009. No restructuring costs are involved. New offices will open in the spring in Beijing, China and in Romania. For more information, please contact: Åsa Landén Ericsson, President and CEO +46 8 5071 4000, asa.landen.ericsson@enea.com Carl Sköld, CFO +46 8 5071 4000, carl.skold@enea.com About Enea Enea is a global software- and services company focused on solutions for communication-driven products. With 40 years of experience Enea is a world leader in the development of software platforms with extreme demands on high-availability and performance. Enea's expertise in real-time operating systems and high availability middleware shortens development cycles, brings down product costs and increases system reliability. Enea's vertical solutions cover telecom handsets and infrastructure, medtech, industrial automation, automotive and mil/aero. Enea has 750 employees and is listed on Nasdaq OMX Nordic Exchange Stockholm AB. For more information please visit enea.com or contact us at info@enea.com Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Element, Enea® Optima, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Enea® LINX, Enea® Accelerator, Polyhedra® Flashlite, Enea® dSPEED Platform, Enea® System Manager, Accelerating Network Convergence(TM), Device Software Optimized(TM) and Embedded for Leaders(TM) are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. © Enea AB 2009. ###
Enea AB Full Year Report 2008
| Source: Enea AB