The Supervisory Board of RTX Telecom A/S has today considered and adopted the
Group's interim report for the first six months of the financial year 2007/08
(the period 1 October 2007 to 31 March 2008).
Summary of the interim report of the RTX Telecom Group for the first six months
of 2007/08
• Net turnover for the second quarter of 2007/08 amounts to DKK 57.8 million
compared to DKK 45.9 million in the same period last year. In the first six
months of the financial year, net turnover amounts to DKK 111.2 million
compared to DKK 103.9 million in the same period last year.
• In the second quarter of 2007/08 operating profit/loss (EBIT) amounts to a
negative DKK 6.7 million compared to a negative DKK 24.3 million in the same
period last year. In the first six months of the financial year EBIT amounts to
a negative DKK 19.4 million compared to a negative DKK 41.7 million in the same
period last year.
• The Group's cash and short-term current asset investments less bank debt
amounted to DKK 106.9 million at 31 March 2008, which is an increase of DKK
47.6 million compared to the same time last year.
• The Group specifies the expectations for net turnover and earnings for the
present financial year 2007/08. Net turnover is expected to amount to DKK 240 -
270 million compared to DKK 240 - 300 million as previously informed. An
operating profit/loss (EBIT) is expected in the range from a negative DKK 30
million to a negative DKK 15 million compared to a negative DKK 30 million to
DKK 0 million as previously informed.
The Group's expansion and optimisation of the sales and marketing activities
have contributed to an increase in net turnover and earnings in the second
quarter of 2007/08. The sales and marketing measures taken are expected to
result in a continued positive development in net turnover and earnings in the
Group's two largest business units RTX Technology and RTX Consumer Products in
the rest of the financial year 2007/08. The business units RTX Network Systems
and RTX Healthcare, however, are not expected to be able to fulfil the sales
and earnings expectations for the financial year 2007/08. This is the reason
for the above specification and a narrowing down of expectations for net
turnover and EBIT for 2007/08.
