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

    Per Åkerberg, President & CEO
    Phone: 46 8 50 71 40 00
    Email: 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 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(TM), Device Software Optimized(TM) and Embedded for Leaders(TM) 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.

    Tags:

    About Us

    About EneaEnea is a global supplier of network software platforms and world class services, with a vision of helping customers develop amazing functions in a connected society. We are committed to working together with customers and leading hardware vendors as a key contributor in the open source community, developing and hardening optimal software solutions. Every day, more than three billion people around the globe rely on our technologies in a wide range of applications in multiple verticals – from Telecom and Automotive, to Medical and Avionics. We have offices in Europe, North America and Asia, and are listed on Nasdaq Stockholm. Discover more at www.enea.com and start a conversation at info@enea.com

    Subscribe

    Documents & Links