Stocks & Investing
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Stocks and Investing
Thu, October 22, 2009
Wed, October 21, 2009 Enea AB: Enea Interim Report January - September 2009
KISTA, SWEDEN--(Marketwire - October 22, 2009) -
Press Release October 22, 2009
Enea Interim Report January - September 2009
Lower costs this quarter improve margin
Third quarter
* Net sales amounted to SEK 172.4 (206.9) million.
* Revenues for the Software business unit were SEK 83.3 (88.8) million.
* Revenues for the Consulting business unit were SEK 99.8 (137.8) million.
* Operating profit was SEK 14.9 (18.0) million.
* Operating profit before restructuring costs of SEK 6.7 million, relating to the cost-cutting program, amounted to SEK 21.6 million corresponding to a margin of 13 percent.
* Net profit after tax was SEK 9.5 (14.3) million.
* Cash flow from operations amounted to SEK -2.2 (6.1) million.
* Earnings per share was SEK 0.54 (0.79).
January - September
* Net sales amounted to SEK 582.6 (665.6) million.
* Revenues for the Software business unit were SEK 248.4 (269.7) million.
* Revenues for the Consulting business unit were 374.4 (447.9) million.
* Operating profit amounted to SEK -17.2 (49.7) million, including non-recurring items amounting to SEK-38.9 million.
* Net profit after tax was SEK -10.7 (56.5) million. Capitalization of tax loss-carry forwards for the North American entities had a positive effect on the net profit by SEK 19.9 million for the second quarter 2008.
* Cash flow from operations amounted to SEK 34.4 (51.2) million.
* Earnings per share was SEK -0.60 (3.14).
For the full report visit [ www.enea.com/financialreports ]
For more information, please contact Per Åkerberg, President and CEO, phone +46-8-507 140 00, e-mail [ per.akerberg@enea.com ] Lars Kevsjö, CFO, phone +46-8-507 140 00, e-mail [ lars.kevsjo@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 [ www.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 - September 2009 PDF: [ http://hugin.info/1059/R/1349193/325006.pdf ]
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