DONE SOLUTIONS CORPORATION'S BUSINESS DEVELOPMENT THROUGH ACQUISITIONS
Done Solutions Corporation
Stock Exchange Release November 30, 2005, at 3:30 p.m.
DONE SOLUTIONS CORPORATION'S BUSINESS DEVELOPMENT THROUGH ACQUISITIONS
Done Solutions Corporation has completed its streamlining measures launched a few
years ago, involving withdrawing unprofitable operations or restructuring them to
make a profit.
Done Solutions is operating through the following two business areas: Done
Information, a provider of multilingual documentation services, and Done
Logistics, a provider of automated materials-handling systems.
The company's equity ratio and liquid assets have increased substantially this
year: the Group's IFRS-compliant equity ratio, standing at 6.7 per cent at the
end of 2004, came to 41.3 per cent on September 30, 2005. This is due to higher
profitability and the sale of Providor Logistics Oy's business in September.
The Board of Directors has decided to make use of Done Solutions Corporation's
more solid financial standing by seeking future growth through business
acquisitions, with the aim of either strengthening existing business areas or
adding new lines of business areas.
Done Solutions Corporation
Board of Directors
For further information, please contact:
Pekka Pystynen, President and CEO, tel. +358 (0)205 253427, gsm +358 (0)50 0508
962, pekka.pystynen@donesolutions.com
http://www.donesolutions.com
Distribution
Helsinki Stock Exchange
Major media
With its shares having been quoted on the Helsinki Stock Exchange's NM List since
2001, Done Solutions is organized into two business units: Done Logistics
provides comprehensive logistics systems, based on automated materials-handling
and supporting information systems; and Done Information, which provides
multilingual documentation services. The Group's largest customers are based in
the Nordic countries, Central Europe and the United States.