Third Quarter 2009 Results
(Thomson Reuters ONE) - Strong performance in Collection Technology Deposit.Improved performance and outlook in Industrial Processing Technology.California negatively influenced by reduced handling fees.Revenues of 856 MNOK (881 MNOK in third quarter 2008).Down 11% afteradjustment for currency change.Operating expenses of 198 MNOK (223 MNOK in third quarter 2008). Down7% after adjustment for currency change and one-time costs in 2008.Operating profit of 132 MNOK (137 MNOK in third quarter 2008 afterexclusion of one-time charges).Strong cashflow from operations of 194 MNOK (106 MNOK in thirdquarter 2008).Collection Technology - Deposit SolutionsRevenues in the segment equaled 481 MNOK in the third quarter, upfrom 420 MNOK in third quarter last year. After adjusting forcurrency change, revenues were up 8 percent. Gross margin increasedto 48% up from 45% last year, fueled by stronger USD and EUR as wellas increased operational efficiencies. Operating profit increased to129 MNOK from 76 MNOK (91 MNOK before restructuring charges) in thirdquarter 2008.Materials HandlingRevenues in the business area were 236 MNOK in third quarter 2009,down from 274 MNOK last year. In USD, revenues were down 25%. Grossmargin was 13%, down from 21% same period last year. The decrease wasa result of the impact of lower commodity prices as well as lowerhandling fees in California.Industrial Processing TechnologyRevenues in the quarter decreased to 126 MNOK from 181 MNOK lastyear. Revenues were down significantly in all three units within thesegment. Despite the challenging market conditions, gross marginimproved from 50% in third quarter 2008 to 53% in same period in2009.Order intake improved in all three companies and the order book inthe segment increased from 122 MNOK to 134 MNOK during third quarter2009.Collection Technology - Non-deposit SolutionsRevenues in third quarter 2009 amounted to 13 MNOK, mainly comingfrom installation of ARCs and CITY machines at Tesco. Gross marginwas 23 percent compared to 33 percent in third quarter 2008.Operating expenses were 9 MNOK, down from 24 MNOK in third quarter2008. The business area had an operational loss of 6 MNOK in thethird quarter compared to a loss of 22 MNOK same period last year.Asker, 15 October 2009Tomra Systems ASAAttached please find the report and presentation for 3rd quarter2009. A live broadcast of the presentation is available onwww.tomra.com (investor relation page) and on www.opencompany.info. Arecord of the broadcast will be available as soon as the livebroadcast has ended.http://hugin.info/162/R/1347859/324211.pdfhttp://hugin.info/162/R/1347859/324214.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 15.10.2009 - 17:32 Uhr
Sprache: Deutsch
News-ID 6970
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