Profit in RTX Telecom due to significant growth in the business unit RTX Products. The Supervisory Board of RTX Telecom A/S has today considered and adopted the Group's interim report for the second quarter of the financial year 2009/10 (covering the period 1 January 2010 to 31 March 2010). Summary of the interim report of the RTX Telecom Group for the second quarter of 2009/10 • Revenue amounts to DKK 61.6 million compared to DKK 57.8 million in the same period last year. • Operating profit/loss (EBIT) amounts to DKK 1.0 million compared to a negative DKK -6.5 million in the same period last year. • Profit/loss after tax amounts to DKK 1.4 million compared to a negative DKK -5.9 million in the same period last year. • The Group realized a positive cash flow of DKK 1.0 million in the second quarter compared to a negative DKK -16.3 million in the same period last year. • The Group maintains expectations for 2009/10 with revenue at the same level as in 2008/09, DKK 215 million, and operating profit/loss (EBIT) of approx. DKK 0 million. The operating results obtained in the second quarter were significantly improved compared to last year, and RTX Telecom provides a small surplus for the first time since the 2001/02 financial year. An overall slight increase in activity in the second quarter, mainly prompted by a large increase in turnover of the business unit RTX Products, and a continued focus on cost reductions now displays its results on earnings. Revenue for the second quarter of 2009/10 amounted to DKK 61.6 million, which is an increase of approx. 6.6%, while costs are reduced by nearly DKK 10 million compared to the same period last year. Management will continue to focus on developing business units and to increase earnings margins and also focus on tight cost management. Meeting for financial analysts and the press At 9.00am on 20 May 2010, RTX Telecom will hold a meeting for financial analysts and the press at SEB Enskilda A/S, Bernstorffsgade 50, DK-1577 Copenhagen V. At this meeting, the Management will comment on the interim report for the second quarter of 2009/10 for the Group and the Management's expectations for the rest of the financial year 2009/10. For other interested, there will be an opportunity to participate by telephone in the meeting by calling into the telephone +45 36 99 56 31. Yours sincerely Jens Alder Jesper Mailind Chairman of the Board President & CEO Questions and further information: President & CEO Jesper Mailind, tel. +45 96 32 23 00 Appendices Interim report for the second quarter of 2009/10 comprising: • Group financial highlights and key ratios • Management's review • Group income statement • Group balance sheet • Group statement of changes in equity • Group cash flow statement • Notes
Interim report for the second quarter of 2009/10 (the period 1 January 2010 to 31 March 2010)
| Source: RTX A/S