English

Interim Report January – September 2010

Report this content

Significantly better result

  • Sales for the first nine months amounted to SEK 438.7 (450.3) million
  • Operating profit EBITDA for the period was SEK 19.0 (7.4) million
  • Earnings per share after tax for the period were SEK 0.22 (-0.46)
  • Sales for the third quarter amounted to SEK 143.2 (143.3) million
  • Operating profit EBITDA for the third quarter was SEK 10.1 (3.0) million
  • Earnings per share after tax for the third quarter were SEK 0.10 (0.03)
  • Cash-flow from operating activities for the first nine months was SEK 50.8 (72.2) million


CEO comment:

”Our results continued to develop well during the third quarter, and our sales grew by approximately five percent in local currencies. The first nine months of the year showed considerably improved margins and results compared to last year.

A positive trend is seen on most of our markets and it is rewarding to see that markets with a previously weak development now show signs of improvement. Germany, Spain, and the U.K. have all made progress, but especially our subsidiary in the U.S. has had a strong quarter.

An important technical event during the quarter was the general availability launch of PROCESS DIRECTOR, our new software for automating document-driven processes inside SAP.

Our assessment is that the market will continue to improve and we now focus on developing our business, increasing our sales and improving our profitability. The fourth quarter is usually our strongest and we are optimistic about our chances of moving closer to our long-term goals.”

Jan Andersson
President and CEO


Read the entire report in the attached PDF.


For additional information please contact:

Jan Andersson, President and CEO
Phone: +46 42-490-21 34 or +46 708-37 66 00
Johan Holmqvist, Vice President Corporate Communications
Phone: +46 42-490 21 98 or +46 708-37 66 77
Jan Bertilsson, CFO
Phone: +46 42-490 21 43 or +46 708-37 66 16

e-mail: firstname.lastname@readsoft.com

About ReadSoft
ReadSoft is a leading global provider of software solutions for Document Process Automation. ReadSoft’s software enables companies to automate document processes such as accounts payable processing, document capture, document sorting, and order to cash. ReadSoft is by far the world’s number one choice for automated invoice processing, especially into business systems from SAP and Oracle. Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 16 countries on five continents and a network of local and global partners. The head office is located in Helsingborg, Sweden, and the ReadSoft share is traded on the NASDAQ OMX Nordic Exchange Small Cap list. For more information about ReadSoft, please visit www.readsoft.com.

Documents & Links