.
Highlights first half 2010
– Strong sales growth in first half 2010 in test and supply chain management (see sales development diagram).
– Reduction of net interestbearing debts by approx. 7% or ? 334,000 compared to yearend 2009
– Cash flow improvement from -EUR 90,000 to EUR 561,000.
– 2.8% reduction of labour costs.
– EUR 1.0 million refinancing.
– Ongoing market growth in the fables segment.
– Significant rise of equipment load of part of the equipment.
– Temporary lower gross margin (approx. 75%) in the first half.
Financial highlights first half 2010
– 32% sales increase to EUR 7.328 million (H1 2009: EUR 5.547 million)
– Operating result before depreciation and amortisation (EBITDA) improved to EUR 775,000 (H1 2009: EUR 127,000).
– Net result improved from EUR 1.149 million negative to EUR 278,000 negative.
More information: see attachment.
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