Second Quarter 2009 Results>
Second Quarter 2009 Results
(Thomson Reuters ONE) - Continued strong performance in Collection Technology Deposit.Improved outlook in Industrial Processing Technology with increasedorder back log.Revenues of 818 MNOK (874 MNOK in second quarter 2008).Gross margin stable, except for California.Operating expenses of 235 MNOK (228 MNOK in second quarter 2008).Operating profit of 80 MNOK (122 MNOK in second quarter 2008).Cash flow from operations of 24 MNOK (minus 8 MNOK in second quarter2008).Collection Technology - Deposit SolutionsRevenues in the segment equaled 458 MNOK in the second quarter, upfrom 409 MNOK in second quarter last year. Adjusted for currencychange, revenues were flat. Gross margin remains stable at 47%, equalto last year. Adjusted for currency and severance pay, operatingexpenses were down 8% compared to second quarter last year. Operatingprofit increased to 98 MNOK compared to 81 MNOK in second quarter2008.Materials HandlingRevenues in the business area were 227 MNOK in second quarter, equalto last year. In USD, revenues were down 22%. Gross margin was 15%,down from 21% same period last year. The decrease is a result of thecommodity price impact on the California operation. Second quartersaw the beginning of the high volume season and as a result thelosses of 18 MNOK in first quarter 2009 have turned into a profit of3 MNOK during the second quarter.Industrial Processing TechnologyRevenues in the quarter decreased to 118 MNOK from 204 MNOK lastyear. Revenues were significantly down in all three units within thesegment. Despite challenging market conditions, gross marginimproved from 50% in 2008 to 53% in 2009.Collection Technology - Non-deposit SolutionsRevenues in the second quarter amounted to 15 MNOK, mainly comingfrom the installation of 6 ARCs and 6 CITY machines at Tesco. Grossmargin was 20 percent compared to 26 percent in second quarter 2008.Operating expenses were 9 MNOK, down from 23 MNOK in second quarter2008. The business area had an operational loss of 6 MNOK in thesecond quarter compared to a loss of 14 MNOK same period last year.Asker, 15 July 2009Tomra Systems ASAAttached please find the report and presentation for 2nd quarter2009. A live broadcast of the presentation is available onwww.tomra.com (investor relation page) and onwww.oslobors.no/ob/webcast. A record of the broadcast will beavailable as soon as the live broadcast has ended.http://hugin.info/162/R/1329034/313580.pdfhttp://hugin.info/162/R/1329034/313581.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
" alt="KOMPLETT WITH RESULTS OF MNOK 15.5 IN 2Q AND SOLID CASH-FLOW>">
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Datum: 15.07.2009 - 17:32 Uhr
Sprache: Deutsch
News-ID 3597
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