Highlights
-Revenues above indications for Q4 09 (MEUR 177 vs MEUR 165)
-Revenues up 13 % from Q3 09 and in line with Q4 08
-EBITDA adjusted for one-off effects MEUR 9.5
-EBITDA improved by MEUR 13 compared to Q4 08
-Adjusted EBITDA margin improved to 5.4 % from 3.5 % in Q3 2009
-Positive cash flow from operations in Q4 09
-Improved liquidity and capital structure
-Stronger integration of Power Products System
Highlights 2009
-Positive EBITDA and cash-flow from operations despite extreme market conditions
-Many and significant new orders
-Maintained focus on market and R&D
-Improved the capital structure and reduced cost level – well positioned to take advantage of new opportunities
-Positive support from all stakeholders
Please find more details in the enclosed Interim Report.
Contact details:
Ronny Lie
Director Corporate Communications & Investor Relations
Phone : +4732770511. Mobile : +4791610798