Interim report January - March 2013
IMPROVED MARGINS DESPITE MARKET SLOWDOWN FIRST QUARTER 2013 · Sales revenue amounted to EUR 55.0m (57.6m)* · Revenue decrease of 4.5% Y-o-Y (2.7% in local currency) · Operating loss amounted to EUR -0.5m (-0.9m) · The Operating margin was -1.0% (-1.5%) · EBITDA amounted to EUR 2.6m (1.5m) · The after-tax result amounted to EUR -3.5m (-0.5m) · Cash flow from operating activities amounted to EUR 22.4m (9.5m) * Comparative figures for last year are in brackets. SIGNIFICANT EVENTS DURING THE FIRST QUARTER · Market for construction equipment in Russia down 10%