Interim Report for AudioDev AB January 1 -September 30, 2004
Interim Report for AudioDev AB January 1 -September 30, 2004 · Net sales totalled SEK 230.1 (214.6) million, which is an increase of 7% compared to the previous year. · Profit after financial items was SEK 48.4 (46.8) million. · Profit for the period was SEK 35.3 (34.3) million. · Profit per share amounted to SEK 2.11 (2.05). · The backlog of orders was SEK 19.4 (16.7) million at the end of the period. · Demand for test equipment for recordable DVD (DVD-R/RW) has dropped substantially over the third quarter, and as a consequence, sales and profits for the quarter were down compared to the corresponding period in 2003. AudioDev in brief AudioDev is a world-leading manufacturer of test equipment for quality control of optical media such as CDs and DVDs. Net sales in 2003 were SEK 273.0 million with the largest markets being in the US, Asia and Europe. The head office is based in Malmö, Sweden. AudioDev has been listed on the Stockholm Stock Exchange since September 2000. AudioDev's products are sold under the brands CATS and Go!. The products in the CATS series are high precision analyzers for quality testing of all formats on the market. Go! is a new brand with products optimised for process control. AudioDev also offers an extensive service network, as well as customised training and independent test analyses via AudioDev's TestCenter. AudioDev's customers include Technicolor, Ritek Global Media, Microsoft, EMI, Moser Baer India, Pioneer, Cinram, Panasonic, and CMC. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/10/18/20041018BIT20090/wkr0001.pdf Read the report