Aldata Solution Oyj STOCK EXCHANGE RELEASE 6 May 2010, at 9.00 a.m. (EET) ALDATA SOLUTION OYJ'S FINANCIAL STATEMENT RELEASE JANUARY-MARCH 2010 (UNAUDITED) Aldata delivers year on year revenue growth and profitable operating results * Software licenses grew year on year for the second quarter in a row * Total revenue grew year on year for the third quarter in a row generating a profitable operating result (EBIT), and a positive cash flow with all products and regions performing as expected and contributing to the solid Q1 results * No change to full year outlook of slight revenue growth compared to 2009 levels and operationally profitable (EBIT), for the full year Aldata in Q1 2010 (compared to Q1 2009) * Net sales were EUR 18.3 million (EUR 16.8 million). * Gross profit was EUR 15.5 million (EUR 15.4 million). * Operating profit, EBIT, was EUR 0.7 million (EUR -0.2 million). * Profit before taxes was EUR 0.8 million (EUR 0.6 million). * Net profit was EUR 0.4 million (EUR -0.2 million) and earnings per share, EPS, were 0.005 euros (-0.003 euros). * Cash flow from operating activities was EUR 1.2 million (EUR -0.2 million). * Cash, cash equivalents and marketable securities amounted to EUR 6.4 million (EUR 14.9 million) and the Group had interest-bearing loans EUR 10.1 million (EUR 15.2 million). Bertrand Sciard, President and CEO The first quarter of 2010 started well for Aldata. Revenues, profit, and business pipeline increased year on year, and many new deals were signed across all territories and product lines. We still view the market with caution following the challenges in 2009 but our customers are investing steadily in our solutions. The Apollo business unit performed particularly well in Q1 demonstrating the high level of integration achieved since acquisition at the end of 2008. Notable new business wins in the USA included, retailer Northgate Markets, nutritional products supplier Natrol, and services provider Acosta. In Europe, Baltic ferry operator Tallink, French yoghurt maker Yoplait, and confectionery producer CFP Brands, (famous for Fisherman's Friends and Chupa Chubs candy), all chose Aldata Apollo to manage their retail space. New customers for our Digital Loyalty solutions included Motonet, a Finnish automotive aftermarket retailer, Carlson department stores, and Halonen fashion stores, adding to what is now a well established Nordic base. Existing Aldata customers expanded their investment in our Supply Chain and Retail Operations solutions in Finland, Russia and France with Auchan investing for its Simply Market chain. Totally new supply chain customers included Italy's second largest retailer, a major supermarket chain in Slovakia, and Telemarket, France's leading online grocery retailer. Aldata also closed a large software contract for its supply chain products with Symphony Services, a US based global provider of software engineering services. The successful implementation at CHU Strasbourg (hospital distribution center) led to the signing of a contract with CHU Nantes, these are two of over fifty CHU's in France. The interest in our Voice Directed solutions continues to grow and we expanded our team in the US to meet this demand. Aldata's Channel partners contributed an increasing percentage of sales this quarter across mainly the Supply Chain and Apollo business units, and this is an area where Aldata is looking to further improve its performance in the future. The second Annual Retail CIO Survey, which Aldata and IBM sponsor, was released at the National Retail Forum in New York in January. Over one hundred retail CIO's were interviewed. The results showed a planned increase in retail IT spending in 2010 over 2009 with highest investment areas highlighted as the optimization of replenishment, assortments and promotions. The full report is available from the Aldata website. Aldata in the first quarter of 2010 January - March 2010 Financial performance The Group's net sales were EUR 18.3 million (EUR 16.8 million), which represents an increase of EUR 1.5 million compared to the previous year. Product sales, which include licenses for standard products, licenses for customer specific developments and maintenance revenues, accounted for 59% (62%) of total net sales. Consulting services accounted for 33% (36%) and third party licenses and hardware accounted for 9% (2%). The Group's gross profit was EUR 15.5 million (EUR 15.4 million), which represents a 85% (92%) gross margin due to a change in revenue mix. Operating profit, EBIT, totaled EUR 0.7 million (EUR -0.2 million) and operating profit excluding expenses for option plans was EUR 0.7 million (EUR -0.1 million). Pre-tax profit was EUR 0.8 million (EUR 0.0 million), net profit was EUR 0.4 million (EUR -0.2 million) and earnings per share, EPS, were 0.005 euros (-0.003 euros). Research and development costs in the first quarter totaled EUR 2.1 million (EUR 2.7 million), of which EUR 0.1 million (EUR 0.2 million), or 3.7% (5.8%), were capitalized. EUR 0.1 million (EUR 0.1 million) of capitalized development costs were amortized. Aldata's reported order backlog includes product and third party product sales that will be recognized as revenues during the following twelve months. At the end of March 2010, the order backlog was EUR 23.1 million (EUR 22.2 million at the end of March 2009 and EUR 21.6 million at the end of year 2009). Business units in first quarter of 2010 Net sales of the Supply Chain Management (SCM) Software business unit were EUR 13.3 million (EUR 12.2 million). The gross profit was EUR 11.6 million (EUR 11.5 million) and the operating profit, EBIT, was EUR 0.8 million (EUR 0.8 million). Net sales of the In-Store Software business unit were EUR 5.0 million (EUR 4.6 million). The gross profit was EUR 3.9 million (EUR 4.0 million) and the operating profit, EBIT, was EUR 0.9 million (EUR 1.2 million). There were no internal sales between the Group's business segments. Unallocated costs, the Group's shared items netted, decreased the Group's operating profit, EBIT, by EUR 1.0 million (EUR 2.2 million). Finance and investments Cash flow from operating activities in the first quarter was EUR 1.2 million (EUR -0.2 million) and net cash flow was EUR 0.8 million (EUR -0.6 million). The Group's capital expenditure on hardware and software purchases amounted to EUR 0.2 million (EUR 0.2 million) in first quarter of the year. At the end of March 2010, Aldata Group's cash, cash equivalents and marketable securities amounted to EUR 6.4 million (EUR 14.9 million) and total assets were EUR 54.5 million (EUR 67.8 million). The Group had interest-bearing loan EUR 10.1 million (EUR 15.2 million) and interest-bearing net liabilities totaled EUR 4.0 million (EUR 0.7 million). Short term receivables totaled EUR 25.0 million (EUR 28.5 million). The Group's solvency ratio was 36.4% (33.4%), gearing was 20.2% (3.3%), and shareholders' equity per share was EUR 0.284 (EUR 0.327). Research and Development In the first quarter Aldata's research and development costs were EUR 2.1 million (EUR 2.7 million) and made up 11% (16%) of net sales. A total of EUR 0.1 million (EUR 0.2 million) of development costs were capitalized during the quarter. EUR 0.1 million (EUR 0.1 million) of capitalized development costs were amortized in the quarter. At the end of March 2010 there were 131 (143) employees and 103 (41) contracted offshore resources involved in R&D activities. This represents 26% (26%) of the Group's total personnel. Aldata's R&D centers are located in Paris, France, in Vantaa, Finland and in Bangalore, India. Personnel Aldata Group employed 520 (558) persons at the end of March 2010, and on average had 516 (559) employees during the period. 31 March 2010 31 March 2009 By business unit Persons % Persons % SCM Software 376 72 419 75 In-Store Software 128 25 123 22 Group Administration 16 3 16 3 Total 520 100 558 100 Approximately 48% of personnel were employed by Aldata companies in France, 14% in Finland, 12% in the US, 11% in Germany, 6% in Sweden, 4% in Slovenia, 3% in the UK and 2% in Russia. Change in Management Team In February 2010 Aldata announced a change to its Corporate Management Team, (CMT), with Mr Patrick Buellet joining the CMT as Chief Strategy Office and Reddy Karri joining the CMT as Chief Technical Officer with the responsibility for Software and Delivery for the G.O.L.D., Logistics and Apollo business units. Share performance and ownership The highest price of the Aldata Solution Oyj share during January - March 2010 was EUR 0.77 and the lowest price EUR 0.45 The average price was EUR 0.60 and the closing price EUR 0.72. The trading volume on the Helsinki Stock Exchange was EUR 7.3 million and altogether 12.1 million shares were traded, which represents 18 % of the shares. Aldata Solution Oyj has 68.7 million shares outstanding. The number of shares outstanding has been unchanged during the first quarter. The number of shareholders was 5.074 and the free float was 100% of the share capital at the end of March 2010. A total of 31.6% of Aldata Solution Oyj's shares were owned by nominee registered shareholders at the end of the period. Aldata Solution Oyj has one share series. All the company's shares carry equal voting and dividend rights. Risks and uncertainty factors Near term risks and uncertainties Near term risks and uncertainties are considered by Aldata as those that may materialize in the next two quarters. Aldata accounts for its revenue in accordance with IFRS guidelines, meaning license revenue is typically booked on contract signature whereas services and maintenance revenue is booked over the life of the project. This means that software license revenue is more risky and harder to forecast. The management team complete regular reviews and assessments of the software pipeline to mitigate this risk, although it is not possible to remove the risk completely. The economic environment has increased the number of companies who face financial problems and could be seen as a factor in the increased time taken to settle invoices. This might increase Aldata's risk to be able to collect payment for its services provided. Aldata looks to mitigate this risk by using business standard credit assessment and credit control policies to ensure any potential risks are highlighted at an early stage and any necessary action to reduce the risk is taken. A large proportion of Aldata's services revenue is done on a time and materials basis. If there was a weakening in demand, as we saw at the start of 2009, this would lead to lower utilization and pressure on margins if Aldata was unable to adjust its cost base fast enough. However, Aldata foresees that the risks of further large-scale deterioration of the IT market situation have declined from 2009. In other respects, no significant changes have taken place in Aldata's short-term risks and uncertainties during the reported period. Long term risks and uncertainties Risks and uncertainty factors associated with Aldata's business are mainly related to general economic development and more specifically on the retail software market. The recession affected Aldata's operations during the last 12 months and whilst there are continuing signs of a recovery, if the anticipated recovery doesn't happen or there is a worsening of the economic situation, this may result in delays to both ongoing or new large projects and investment decisions. Business risk management is a key target of the operational management. Through it, the Company aims to ensure that the key risks to which business operations are exposed are identified and monitored for preventative action. Business risks are monitored within the Company by the President and CEO, the Corporate Management Team and the Management Council. With the increased importance of the US market to Aldata, the group will become more exposed to currency risk as the movement between the Euro and the US dollar has been quite significant during the last 12 months. Aldata chooses not to hedge against these movements as it believes there is a natural hedge built into the business due to the US based cost structure that it carries. This means, that whilst the risk to Aldata's operating profit is reduced to a level that Aldata feels is acceptable, there is a risk to the level of revenue that Aldata reports that is directly affected by the Euro to US dollar exchange rate movement. Goodwill was tested during the last quarter of 2009 and in accordance with the results of testing for impairment, no depreciation of goodwill was made. The impairment testing is based on projected future cash flows and if the respective country's projected cash flows do not occur as planned in the medium term, it is possible that the goodwill allocated to one of the country's units will need to be impaired. No new impairment tests have been completed at the end of Q1 2010 as most businesses and territories were either on or close to their projected future cash flows. Annual General Meeting 2010 The Annual General Meeting of Aldata Solution Oyj was held in Vantaa, Finland on 8 April 2010. The Meeting approved the parent Company's financial statements and the consolidated financial statements for the year 2009 and decided according to the Board's proposal that no dividend will be distributed on the year 2009. The result for the year will be carried forward to the retained earnings account. The Board members and the Managing Director were discharged from liability for the fiscal year 2009. The Annual General Meeting resolved, in accordance with the Board's proposals, on * Authorizing the Board to decide on a repurchase of the Company's own shares up to maximum of 6,800,000 shares; * Authorizing the Board to decide on issuing and / or conveying new shares and / or the Company's own shares and to decide on granting the special rights referred to in Chapter 10, Section 1 of the Companies Act. The Board of Directors is entitled to issue and / or convey a maximum of 14,000,000 shares in the Company; and * Amending the Company's Articles of Association. The Annual General Meeting unanimously resolved to elect six Board Members. The Meeting re-elected the following persons as the members of the Board of Directors: Mr. William Chisholm, Mr. Bertrand Sciard, Mr. Tommy Karlsson and Mr. Aarne Aktan. Mr. Pallab Chatterjee and Mr. Pertti Ervi were elected as new members of the Board of Directors. The Board convened after the Annual General Meeting. In the meeting Mr. William Chisholm was re-elected as the Chairman of the Board and Mr. Bertrand Sciard as the Vice Chairman of the Board. The Board resolved to establish an Audit Committee consisting of Mr. Aarne Aktan (chairman), Mr. William Chisholm and Mr. Tommy Karlsson. The Board resolved not to establish other Board Committees. Ernst & Young Oy was re-appointed to be the Company's auditor, under the supervision of principal auditor Mrs. Anne Vuorio (APA). Outlook Aldata expects net sales for 2010 to grow slightly on 2009 levels and to generate a profitable operative result (EBIT) for the full-year. Events after the review period On 8th April 2010 Aldata held its Annual General Meeting at its offices in Vantaa, Finland. The decisions of the AGM are outlined in the relevant section above. There were no other significant events after the review period. Helsinki, May 6, 2010 Aldata Solution Oyj Board of Directors Further information: Bertrand Sciard, President and CEO, tel. +358 10 820 8000 / Aldata Solution Oyj. Graham Howell, CFO, tel. +33 633 057 620 Aldata will hold a press conference for the media and financial analysts in Helsinki on 6 May, at 12.00 (EET) at Hotel Palace Gourmet (Eteläranta 10, 10th floor, Merikabinetti). The presentation material will be published on the Group's website at www.aldata-solution.com <http://www.aldata-solution.com/> Aldata 100% Retail-Wholesale Aldata is a global leader in the supply of integrated business solutions to organizations that serve the retail consumer and wholesale distribution markets. Aldata has an unparalleled 20-year track record of delivering targeted software projects that substantially improve our customers' businesses, from supplier to shopper. Today, Aldata customers include 15 of the World's 30 largest retailers, thousands of retail brands, and hundreds of national and regional chains. Aldata Solution is a public company quoted on NASDAQ OMX Helsinki Ltd with the identifier ALD1V. More at: www.aldata-solution.com <http://www.aldata-solution.com/> Distribution: NASDAQ OMX Helsinki Ltd Media TABLE PART Calculation methods This interim report has been prepared in accordance with IFRS standards and the same accounting principles as in 2009 financial statements but the report does not comply with all requirements of IAS 34, Interim Financial Reporting. Key figure calculations remain unchanged and have been presented in 2009 Financial Statements. CONSOLIDATED INCOME STATEMENT MEUR MEUR Change % MEUR Jan-Mar/ 2010 Jan-Mar/ 2009 Total 2009 Net sales 18,3 16,8 8,8 % 67,5 Other operating income 0,2 0,1 42,1 % 0,7 Operating expenses -17,5 -16,8 -3,8 % -71,3 Depreciations and impairments -0,4 -0,4 -4,3 % -1,7 Operating profit 0,7 -0,2 412,6 % -4,7 Financial items 0,1 0,2 -24,1 % -0,7 Profit before taxes 0,8 0,0 2612,8 % -5,4 Income taxes -0,4 -0,2 -165,0 % 1,4 Minority interest 0,0 0,0 -121,4 % 0,0 Profit for the financial period 0,4 -0,2 293,9 % -4,0 Earnings per share, EUR 0,005 -0,003 -0,057 Earnings per share, EUR (EPS), adjusted for dilution effect 0,005 -0,003 -0,057 Attributable to: Equity holders of the Company 0,4 -0,2 -4,0 Minority interest 0,0 0,0 0,0 Statement of comprehensive income: Net profit for the period 0,4 -0,2 -4,0 Other comprehensive income: Translation differences -0,1 -0,2 0,0 Total comprehensive income 0,3 -0,4 -4,0 Total comprehensive income attributable to: Equity holders of the Company 0,3 -0,4 -4,0 Minority interest 0,0 0,0 0,0 CONSOLIDATED BALANCE SHEET MEUR MEUR MEUR 31 Mar 2010 31 Mar 2009 31 Dec 2009 ASSETS NON-CURRENT ASSETS Goodwill 16,2 15,0 16,2 Capitalized development cost 2,8 3,0 2,8 Intangible assets 1,3 1,7 1,4 Tangible assets 1,3 1,4 1,3 Investments 0,1 0,1 0,1 Other long-term assets 0,4 0,1 0,4 Deferred tax assets 0,9 2,6 1,0 NON-CURRENT ASSETS TOTAL 23,0 23,9 23,1 CURRENT ASSETS Inventories 0,0 0,4 0,5 Short-term receivables 25,0 28,5 20,7 Cash and cash equivalents 6,4 14,8 5,6 CURRENT ASSETS TOTAL 31,6 43,9 29,2 ASSETS TOTAL 54,5 67,8 52,3 SHAREHOLDERS' EQUITY AND LIABILITIES Shareholders' equity 19,5 22,5 19,2 Minority interest 0,1 0,1 0,1 Long-term loans 0,6 4,6 3,0 Short-term loans 34,4 40,6 30,0 EQUITY AND LIABILITIES TOTAL 54,5 67,8 52,3 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 1000 EUR Equity holders Share Trans- of Own Share premium lation Retained parent Minority equity TEUR capital fund difference earnings company interest total -------------------------------------------------------------------------------- EQUITY 1.1.2009 687 19 154 708 2 244 22 793 117 22 911 Share based payments recognised against equity 0 0 0 75 75 0 75 Comprehensive income 0 0 -182 -190 -372 -14 -387 -------------------------------------------------------------------------------- EQUITY 31.3.2009 687 19 154 526 2 129 22 496 103 22 599 -------------------------------------------------------------------------------- EQUITY 1.1.2010 687 19 154 694 -1 320 19 215 89 19 305 Share based payments recognised against equity 0 0 0 50 50 0 50 Comprehensive income 0 0 -96 369 273 4 277 -------------------------------------------------------------------------------- EQUITY 31.3.2010 687 19 154 598 -901 19 538 93 19 631 CONSOLIDATED CASH FLOW STATEMENT MEUR MEUR MEUR Jan-Mar/ 2010 Jan-Mar/ 2009 Jan-Dec 2009 Cash flow from operating activities Operating result 0,7 -0,2 -4,7 Adjustment to operating result 0,4 0,0 -0,3 Change in working capital 0,2 -0,1 2,5 Interest received and other financial income 0,0 0,2 0,3 Interest paid and other financial expenses -0,2 -0,1 -1,3 Taxes paid -0,1 0,0 -0,1 Net cash from operating activities 1,2 -0,2 -3,7 Cash flow from investing activities Investments in tangible and intangible assets -0,3 -0,3 -1,0 Net cash used in investing activities -0,3 -0,3 -1,0 Cash flow before financing activities 0,8 -0,5 -4,6 Cash flow from financing activities Long-term loans, repayments 0,0 0,0 0,0 Short-term loans, received 0,0 0,0 0,0 Short-term loans, repayments 0,0 -0,1 -5,1 Leasing liability, payments 0,0 0,0 -0,2 Share issue 0,0 0,0 0,0 Net cash used in financing activities 0,0 -0,1 -5,3 Net cash flow, total 0,8 -0,6 -10,0 Change in cash and cash equivalents 0,8 -0,6 -10,0 Cash and cash equivalents in the beginning of the period 5,6 15,4 15,4 Net foreign exchange difference 0,0 0,0 0,1 Cash and cash equivalents at the end of the period 6,4 14,9 5,6 NOTES TO THE INTERIM REPORT COMMITMENTS AND CONTINGENCIES MEUR MEUR MEUR 31 Mar 2010 31 Mar 2009 31 Dec 2009 Loans from financial institutions 10,1 15,2 10,0 Mortgages 5,4 5,4 5,4 Leasing liabilities 7,0 10,4 8,7 Guarantees on behalf of company debt 0,1 0,1 0,1 KEY FIGURES, MEUR Jan-Mar /2010 Jan-Mar /2009 Total 2009 Scope of Operations Net sales, MEUR 18,3 16,8 67,5 Average number of personnel 516 559 538 Profitability Operating profit , MEUR 0,7 -0,2 -4,7 Operating profit, % of net sales 3,7 -1,3 -7,0 Profit before taxes and minority interest, MEUR 0,8 0,0 -5,4 Profit before taxes and minority interest, % of net sales 4,4 -0,2 -8,0 Return on equity, % (ROE) 7,6 -3,5 -18,8 Return on investment, % (ROI) 14,9 6,7 -11,2 Financial Standing Quick ratio 0,9 1,1 0,9 Current ratio 0,9 1,1 0,9 Equity ratio, % 36,4 33,4 37,4 Interest-bearing net debt, MEUR 4,0 0,7 4,9 Gearing, % 20,2 3,3 25,2 Per Share Data Earnings per share, EUR (EPS) 0,005 -0,003 -0,057 Earnings per share, EUR (EPS), adjusted for dilution effect 0,005 -0,003 -0,057 Shareholders' equity per share, EUR 0,284 0,327 0,280 SEGMENT INFORMATION, MEUR BUSINESS SEGMENTS Jan-Mar/2010 Jan-Mar/2009 Total 2009 Net sales to external customers Supply Chain Management Software 13,3 12,2 49,5 In-Store Software 5,0 4,6 18,0 Total 18,3 16,8 67,5 Operating result, continuing operations Supply Chain Management Software 0,8 0,8 -6,0 In-Store Software 0,9 1,2 2,1 Total 1,7 2,0 -3,9 Unallocated items -1,0 -2,2 -0,8 Operating profit 0,7 -0,2 -4,7 Financial income and expenses 0,1 0,2 -0,7 Result before taxes and minority interest 0,8 0,0 -5,4 Taxes -0,4 -0,2 1,4 Minority interest 0,0 0,0 0,0 Result from continuing operations 0,4 -0,2 -4,0 Result for the financial period 0,4 -0,2 -4,0 INCOME STATEMENT MEUR MEUR MEUR MEUR MEUR QUARTERLY FIGURES Q1/2010 Q4/2009 Q3/2009 Q2/2009 Q1/2009 Net sales 18,3 17,9 16,7 16,1 16,8 Other operating income 0,2 0,2 0,1 0,2 0,1 Operating expenses -17,5 -15,8 -16,0 -22,7 -16,8 Depreciations and impairments -0,4 -0,4 -0,5 -0,3 -0,4 Operating profit 0,7 1,8 0,4 -6,7 -0,2 Financial items 0,1 0,0 -0,5 -0,4 0,2 Profit before taxes 0,8 1,8 -0,1 -7,1 0,0 Income taxes -0,4 1,6 0,1 -0,1 -0,2 Minority interest 0,0 0,0 0,0 0,0 0,0 Profit for the financial period 0,4 3,4 0,0 -7,2 -0,2 INCOME STATEMENT MEUR MEUR MEUR MEUR MEUR CUMULATIVE 1-3/10 1-12/09 1-9/09 1-6/09 1-3/09 Net sales 18,3 67,5 49,7 33,0 16,8 Other operating income 0,2 0,7 0,5 0,4 0,1 Operating expenses -17,5 -71,3 -55,5 -39,5 -16,8 Depreciations and impairments -0,4 -1,7 -1,2 -0,7 -0,4 Operating profit 0,7 -4,7 -6,5 -6,9 -0,2 Financial items 0,1 -0,7 -0,7 -0,2 0,2 Profit before taxes 0,8 -5,4 -7,2 -7,1 0,0 Income taxes -0,4 1,4 -0,2 -0,3 -0,2 Minority interest 0,0 0,0 0,0 0,0 0,0 Profit for the financial period 0,4 -3,9 -7,4 -7,4 -0,2 BALANCE SHEET MEUR MEUR MEUR MEUR MEUR 31.3.10 31.12.09 30.9.09 30.6.09 31.3.09 ASSETS NON-CURRENT ASSETS Goodwill 16,2 16,2 15,0 15,0 15,0 Capitalized development cost 2,8 2,8 2,9 3,0 3,0 Intangible assets 1,3 1,4 1,4 1,7 1,7 Tangible assets 1,3 1,3 1,3 1,4 1,4 Investments 0,1 0,1 0,1 0,1 0,1 Other long-term assets 0,4 0,4 0,4 0,1 0,1 Deferred tax assets 0,9 1,0 2,6 2,5 2,6 NON-CURRENT ASSETS TOTAL 23,0 23,1 23,7 23,7 23,9 CURRENT ASSETS Inventories 0,0 0,5 0,2 0,0 0,4 Short-term receivables 25,0 20,7 22,6 25,2 28,5 Cash and cash equivalents 6,4 5,6 11,4 11,9 14,8 CURRENT ASSETS TOTAL 31,6 29,2 34,5 37,3 43,9 ASSETS TOTAL 54,5 52,3 58,2 60,9 67,8 SHAREHOLDERS' EQUITY AND LIABILITIES Shareholders' equity 19,5 19,2 15,9 15,3 22,5 Minority interest 0,1 0,1 0,1 0,1 0,1 Non-current liabilities 0,6 3,0 4,2 4,5 4,6 Current liabilities 34,4 30,0 38,1 41,0 40,6 Liabilities 34,9 33,0 42,3 45,6 45,2 EQUITY AND LIABILITIES TOTAL 54,5 52,3 58,2 60,9 67,8 KEY FIGURES, MEUR Q1/2010 Q4/2009 Q3/2009 Q2/2009 Q1/2009 QUARTERLY FIGURES Scope of Operations Net sales, MEUR 18,3 17,9 16,7 16,1 16,8 Average number of personnel 516 538 543 554 559 Profitability Operating profit , MEUR 0,7 1,8 0,4 -6,7 -0,2 Operating profit, % of net sales 3,7 10,3 2,2 -41,5 -1,3 Profit before taxes and minority interest, MEUR 0,8 1,8 -0,1 -7,1 0,0 Profit before taxes and minority interest, % of net sales 4,4 10,2 -0,7 -43,8 -0,2 Return on equity, % (ROE) 7,6 -18,8 -50,6 -77,2 -3,5 Return on investment, % (ROI) 14,9 -11,2 -21,3 -34,1 6,7 Financial Standing Quick ratio 0,9 0,9 0,9 0,9 1,1 Current ratio 0,9 1,0 0,9 0,9 1,1 Equity ratio, % 36,4 37,4 27,4 25,3 33,4 Interest-bearing net debt, MEUR 4,0 4,9 4,2 3,6 0,7 Gearing, % 20,2 25,2 26,5 23,7 3,3 Per Share Data Earnings per share, EUR (EPS) 0,005 0,050 0,000 -0,104 -0,003 Earnings per share, EUR (EPS), adjusted for dilution effect 0,005 0,050 0,000 -0,104 -0,003 Shareholders' equity per share, EUR 0,284 0,280 0,231 0,222 0,327 [HUG#1412251]
ALDATA SOLUTION OYJ'S FINANCIAL STATEMENT RELEASE JANUARY-MARCH 2010 (UNAUDITED)
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