Announcement no. 16 - 2008/09 February 26, 2009
Interim report for the nine months ended January 31, 2009
Increasing sales of terminals driving sustained profit improvement
• Revenue for the first nine months of the financial year was DKK 907 million,
up 4% relative to the same period of last year. The two largest business areas,
terminals for land mobile and maritime use, reported improvements of 31% and
10%, respectively.
• Revenue in Q3 of the financial year was DKK 302 million, 6% up on last year.
• Q3 operating profit was up by 7% to DKK 31 million before restructuring
costs. The nine-month operating profit was DKK 104 million against DKK 108
million last year. The operating margin was 11.5%.
• The net profit for the first nine months was DKK 67 million as compared with
a loss of DKK 36 million in the prior-year period, which was impacted by
substantial restructuring costs.
• For the 2008/09 financial year, we expect an operating margin of 12-13%
before restructuring costs. Revenue is expected to be around DKK 1,225 million
against the previous forecast of DKK 1,300-1,325 million.
For further information, please contact
John Alexandersen, Vice President, Group Communications
Tel. (+45) 39 55 88 35 or (+45) 22 72 38 22 (mobile)
E-mail ja@thrane.com
