Planned rights issue, lower costs and increased control strengthens
TradeDoubler
(Thomson Reuters ONE) - July - September 2009Revenue amounted to SEK 710.7 (788.5) million.Gross profit (GP) amounted to SEK 143.4 (180.8) million and grossmargin amounted to 20.2 (22.9) per cent.Gross profit (GP) adjusted for non-recurring items and exchange ratedifferences amounted to SEK 158.3 (180.8) million. Adjusted grossmargin amounted to 22.3 (22.9) per cent.Operating profit (EBIT) amounted to SEK -185.9 (48.0) million andEBIT-margin amounted to -26.2 (6.1) per cent.Operating profit (EBIT) adjusted for non-recurring items and exchangerate differences amounted to SEK 24.8 (29.3) million. AdjustedEBIT-margin amounted to 3.5 (3.7) per cent.As an effect of a weak development and a more conservative view ofthe future development, the goodwill value, relating to the 2007acquisition of the IMW Group in the UK, has been written down by SEK152.4 million.In connection to the goodwill write-down, a write-down of SEK 13.5million was done for deferred tax assets relating to the IMW Group inthe UK.The Board of Directors will within short propose a rights issue withpreferential rights for existing shareholders amounting to SEK 350million.Net profit amounted to SEK -237.1 (34.7) million.Earnings per share after dilution amounted to SEK -8.29 (1.22).Cash flow from operating activities was SEK -53.2 (102.6) million.The Board of Directors has, during the third quarter, initiated aprocess to strengthen the internal guidelines and control of theoperations and processes including financial reporting.January - September 2009Total revenue amounted to SEK 2 289.0 (2 642.5) million.Gross profit (GP) amounted to SEK 517.6 (552.1) million and grossmargin amounted to 22.6 (20.9) per cent.Operating profit (EBIT) amounted to SEK -125.7 (141.2) million andEBIT-margin amounted to -5.5 (5.3) per cent.Net profit amounted to SEK -183.7 (90.7) million.Earnings per share after dilution amounted to SEK -6.43 (3.18).Cash flow from operating activities was SEK -42.5 (130.2) million.http://hugin.info/136251/R/1352146/327030.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 03.11.2009 - 08:02 Uhr
Sprache: Deutsch
News-ID 7806
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 250 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Planned rights issue, lower costs and increased control strengthens
TradeDoubler"
steht unter der journalistisch-redaktionellen Verantwortung von
TradeDoubler AB (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).