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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.