Q3 Report 2007
Q3 Report 2007
November 14, 2007 at 12:00 AM EST
Q3 Result 2007 564.6 KB
• Profit before tax for Q3 2007 amounting to DKK 105.9 million, which is DKK 55.3 million below the figure for Q3 2006 • Gross margin lower than in 2006 due to higher production costs • Profit before tax for the nine months to 30 September amounting to DKK 143.4 million compared to DKK 207.1 million for the corresponding period of 2006 • Consolidated profit for the nine months to 30 September amounting to DKK 121.2 million compared to DKK 155.0 million in 2006 • Net revenue for the nine months to 30 September up by 12% to DKK 2,925 million • Free cash flow for the nine months to 30 September amounting to a negative DKK 58.1 million com-pared to DKK 114.3 million in 2006 • Profit before tax for 2007 now expected to amount to DKK 290-310 million (including expected non-recurring net income - ”special items” - of some DKK 80 million) compared to the previous expectation of a profit before tax of DKK 365-385 million (including expected non-recurring net income (”special items”) of some DKK 100 million) • Specific initiatives to strengthen earnings in future years will be initiated (cf page 9).