Weak quarter - signs of improvements
(Thomson Reuters ONE) - Revenue amounted to NOK 338.6 million in the third quarter, whichrepresents a 25.5 per cent decrease compared with the same periodlast year. Loss before tax and discontinued operations was NOK 0.6million, compared to a profit of NOK 27.6 million for the thirdquarter last year. Cash flow from operations was NOK 11.0 millioncompared to NOK 27.8 million in the same period last year. Beforerepayment of factoring debt the cash flow was NOK 19.0 million. Theorder intake was NOK 377 million and the order backlog was NOK 778million, a decrease of 34.8 per cent and 29.3 per cent respectively.Enclosed in pdf are the interim report and the presentation.4 November 2009Kitron ASAKey itemsFigures in brackets refer to the third quarter of 2008 unlessotherwise stated.Cash flowCash flow from operations in the third quarter was NOK 11.0 million(NOK 27.8 million). Beforerepayment of factoring debt the cash flow from operations was 19.0million.Strong solidityThe equity ratio continued to improve and reached 47.2 per cent in Q3(34.9 per cent).Revenue declineRevenue decreased by 25.5 per cent to NOK 338.6 million (NOK 454.3million).Decrease in operating profitEBITDA and EBIT were NOK 12.8 million (NOK 41.9 million) and NOK 4.4million respectively(NOK 34.6 million).Order intake and backlogThe order intake decreased by 34.8 per cent to NOK 377 million (NOK578 million). The order backlog at the end of third quarter was NOK778 million (NOK 1 100 million).http://hugin.info/197/R/1352333/327108.pdfhttp://hugin.info/197/R/1352333/327210.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 04.11.2009 - 08:30 Uhr
Sprache: Deutsch
News-ID 7879
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 222 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Weak quarter - signs of improvements"
steht unter der journalistisch-redaktionellen Verantwortung von
Kitron ASA (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
