Third Quarterly Report 2009/10 - Resumé

Aug 26, 2010

Summary: After 3 quarters are both revenue and operating profit above management’s expectations. Management expects a profit before tax of approx. 12 million DKK for the financial year 2009/10..  

• Revenue in the first 9 months increased by 6% to 170 million DKK (160 million DKK). The revenue increase in 3rd quarter is 20%.
• The operating profit (EBIT) was 9.7 million DKK (3.1 million DKK), of which the operating profit for the third quarter was 4.6 million DKK.
• Share of profit after tax in the dye factory Scandye UAB in Lithuania was 1.9 million DKK (- 0.1 million DKK).
• Profit after tax was 9.5 million DKK (compared to 1.8 million DKK in the same period last year, and 1.3 million DKK for the financial year 2008/09).
• Return on invested capital (ROIC) was 7% (compared to 3% in the same period last year and 1% for the financial year 2008/09).
• Profit margin was 6% (compared to 2% in the same period last year and 1% for the financial year 2008/09).
• Management expects a revenue of approx. 215 million DKK and a profit before tax of approx. 12 million DKK for the financial year 2009/10 (compared to 205 million DKK and 1.7 million DKK in 2008/09).

This is a translation of the original Danish text. In the event of discrepancies between the Danish and English texts, the Danish version shall prevail.

Download the report below.