Preliminary year-end report for 2000

Report this content

Preliminary year-end report for 2000 Array will implement substantial cost cuts in its TonerJet® operations in 2001 after Matsushita postponed a product decision for the foreseeable future. Array is maintaining its focus on NISC and in 2000 raised its ownership interest in Imsys to 51.4% of the share capital and 41.9% of the votes. New share issues provided the Group with SEK 28.7 million after issue expenses, which financed the increased holding in Imsys. Revenues amounted to SEK 10.1 M (SEK 22.5 M). The loss after financial items was SEK -80.6 (1999: SEK -57.0 M). The Group's liquidity, which amounted to SEK 56.6 M at year-end is estimated after the substantial cost cuts in the first quarter of 2001 to cover operating expenses until the second quarter of 2002. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/02/20/20010220BIT00840/bit0003.doc The full year-end report http://www.bit.se/bitonline/2001/02/20/20010220BIT00840/bit0003.pdf The full year end report