THE GROUP
The Group generated operating revenues of MNOK 139.2 in the second quarter 2012, compared with MNOK 150.8 in the corresponding period in 2011. A decrease of 7.7 percent. In the first half 2012 operating revenue were MNOK 261.6 compared with MNOK 293.3 in the first half 2011.
Operating profit before depreciation (EBITDA) in the second quarter 2012 was MNOK 8.3, a decrease of MNOK 8.8 million from the corresponding period in 2011. In the first half 2012 EBITDA were MNOK 8.2 compared with MNOK 31.1 in the first half 2011.
The Group made a profit before tax (EBT) of MNOK 0.9 in the second quarter 2012, compared with a profit of MNOK 9.8 in the same quarter in 2011. In the first half 2012 EBT were MNOK - 7.1 compared with MNOK 14.3 in the first half 2011.
The results from the business area Cash Management CIT/ATM is shown as continued operations. The results for the Group for 2011 and 2012 are included Cash Management CIT/ATM, while historical figures in the balance sheet are according to IFRS not adjusted.
About PSI Group
PSI Group is the leading global provider of closed and secure cash handling solutions wherever money moves.
PSI Group is head quartered at Rælingen (Norway) and has about 300 employees in Scandinavia and Europe. The company is listed on the Oslo Stock Exchange.
For more information please visit www.psigroup.no
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
