PRELIMINARY INFORMATION ON THE FINANCIAL STATEMENTS OF DONE SOLUTIONS CORPORATION FOR 2008
Done Solutions Corporation Stock Exchange Release, February 19, 2009, at
8:45 a.m.
PRELIMINARY INFORMATION ON THE FINANCIAL STATEMENTS OF DONE SOLUTIONS
CORPORATION FOR 2008
This bulletin contains preliminary information on the financial statements of
Done Solutions Corporation for the financial year January 1-December 31, 2008.
While the information is not based on the financial statements approved by the
Board of Directors, the Company does not expect any significant changes in the
figures. The Company will publish its financial statements for 2008 and a
financial statements bulletin on March 5, 2009.
Done Solutions Corporation's consolidated net sales for 2008 came to EUR 45.1
million (EUR 24.7 million in 2007), up by 80.3 percent
Operating profit for 2008 totaled EUR 3.8 million, or 8 4. per cent of net
sales (EUR 3.5 million, or 14.3% in 2007).
Profit before taxes in 2008 amounted to EUR 3.7 million, representing 8.2 per
cent of consolidated net sales (EUR 3.5 million or 14.1% of net sales).
Diluted and undiluted earnings per share were EUR 0.036 (EUR 0.084 in 2007.
Earnings per share excluding deferred taxes from confirmed losses EUR 0.049 in
2007)
Equity ratio on December 31, 2008, stood at 61.1 per cent (52.6%).
Shareholders' equity per share on December 31, totaled EUR 0.23 (EUR 0.24).
Cash flow from business operations in 2008 totaled EUR 3.3 million (EUR 3.3
million).
Breakdown of net sales and operating profit for each segment:
Net sales Net sales Segment profit margin
1-12/2008 1-12/2007 1-12/2008 1-12/2007
MEUR share MEUR share MEUR % MEUR %
Services 20.9 46% 5.6 23% 0.34 2 0.79 14
Systems 12.7 28% 11.8 47% 1.65 13 1.35 11
Health Care 4.3 10% 4.3 18% 1.40 32 1.47 34
Safety 3.0 7% 2.4 10% 0.40 13 0.32 14
Technology 4.2 9% 0.6 2% 0.90 22 0.03 4
Total 45.1 100% 24.7 100% 4.69 12 3.95 16
Parent company's expenses -0.92 -2 -0.42 -5
Operating profit 3.77 8.4 3.53 14
Financial statements for 2008 and a financial statements bulletin will be
released on March 5, 2009.
Done Solutions Corporation
Board of Directors
Further information:
Olli-Pekka Salovaara, President & CEO, mobile +358 040 5675520
olli-pekka.salovaara@donesolutions.com
Pekka Raatikainen, CFO, mobile +358 50 5534094
pekka.raatikainen@donesolutions.com
http://www.donesolutions.com
Distribution:
elsinki Stock Exchange
Financial Supervision Authority
Major media
Done Solutions Corporation, listed on the Helsinki Stock Exchange (NASDAQ OMX
Helsinki), is the parent company of Done Group. Done's subsidiaries focus on
providing advanced Finnish specialist expertise and export-based operations.