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Enea AB: Enea Interim Report January - June 2009

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  Published in Stocks and Investing on Wednesday, July 22nd 2009 at 23:39 GMT, Last Modified on 2009-07-22 23:39:37 by Market Wire
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KISTA, SWEDEN--(Marketwire - July 23, 2009) -

Enea Profitable during the Second Quarter

Second quarter * Net sales amounted to SEK 202.9 (240.1) million.

* Revenues for the business segment Products were SEK 84.9 (98.1) million.

* Revenues for the business segment Services were SEK 129.3 (163.1) million.

* Operating profit was SEK 4.6 (13.0) million.

* Net profit declined to SEK 5.0 (31.4) million, corresponding to SEK 0.28 (1.74) per share. 1)

* Cash flow from operations amounted to SEK 15.1 (39.8) million.

* The SEK 50 million cost-cutting program continues according to plan.

January - June

* Net sales amounted to SEK 410.2 (458.7) million.

* Revenues for the business segment Products were SEK 165.4 (181.9) million.

* Revenues for the business segment Services were SEK 274.6 (310.1) million.

* Operating profit declined to SEK -32.1 (31.7) million, including non-recurring items amounting to SEK -31.4 million.

* Net profit declined to SEK -20.2 (42.2) million, corresponding to SEK -1.13 (2.34) per share. 1)

* Cash flow from operations amounted to SEK 36.6 (45.1) million.

1) Capitalization of tax loss-carryforwards for the North American entities had a positive effect on the net profit by SEK 19.9 million for the second quarter 2008.

For the full report please view the enclosed PDF or visit [ www.enea.com ].

 For more information, please contact Per Åkerberg President and CEO phone +46-8-507 140 00 e-mail [ per.akerberg@enea.com ] Carl Sköld CFO phone +46-8-507 140 00 e-mail [ carl.skold@enea.com ]

About Enea

Enea is a global software and services company focused on solutions for communication-driven products. With 40 years of experience Enea is a world leader in the development of software platforms with extreme demands on high-availability and performance. Enea's expertise in real-time operating systems and high availability middleware shortens development cycles, brings down product costs and increases system reliability. Enea's vertical solutions cover telecom handsets and infrastructure, medtech, automotive and mil/aero. Enea has offices in Europe, North America and Asia. Enea is listed on Nasdaq OMX Nordic Exchange Stockholm AB. For more information please visit enea.com or contact us at [ info@enea.com ].

Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Element, Enea® Optima, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Enea® LINX, Enea® Accelerator, Polyhedra® Flashlite, Enea® dSPEED Platform, Enea® System Manager, Accelerating Network Convergence™, Device Software Optimized™ and Embedded for Leaders™ are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. © Enea AB 2009.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Enea Interim Report January-June 2009: [ http://hugin.info/1059/R/1330389/314438.pdf ]

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