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Enea Interim Report January – September 2009

Lower costs this quarter improve margin 

Third quarter

  •        Net sales amounted to SEK 172.4 (206.9) million.
  •        Revenues for the Software business unit were SEK 83.3 (88.8) million.
  •        Revenues for the Consulting business unit were SEK 99.8 (137.8) million.
  •        Operating profit was SEK 14.9 (18.0) million.
  •        Operating profit before restructuring costs of SEK 6.7 million, relating to the cost-cutting program, amounted to SEK 21.6 million corresponding to a margin of 13 percent.
  •        Net profit after tax was SEK 9.5 (14.3) million.
  •        Cash flow from operations amounted to SEK -2.2 (6.1) million.
  •        Earnings per share was SEK 0.54 (0.79).
  •  January – September

  •        Net sales amounted to SEK 582.6 (665.6) million.
  •        Revenues for the Software business unit were SEK 248.4 (269.7) million.
  •        Revenues for the Consulting business unit were 374.4 (447.9) million.
  •        Operating profit amounted to SEK -17.2 (49.7) million, including non-recurring items amounting to SEK-38.9 million.
  •        Net profit after tax was SEK -10.7 (56.5) million. Capitalization of tax loss-carry forwards for the North American entities had a positive effect on the net profit by SEK 19.9 million for the second quarter 2008.
  •        Cash flow from operations amounted to SEK 34.4 (51.2) million.
  •        Earnings per share was SEK -0.60 (3.14).
  •  For the full report visit www.enea.com/financialreports