Enea publishes today interim report for the third quarter, 2007.
Third Quarter
• Net sales increased by 9 percent to SEK 183.8 (168.6) million. Currency-adjusted growth was 11 percent.
• Software sales climbed 4 percent to SEK 72.8 (69.8) million. Currency-adjusted growth was 7 percent.
• Operating profit was SEK 16.4 million (17.2). Operating margin was 9 (10) percent.
• Net profit after tax was SEK 11.6 (12.5) million and earnings per share totaled SEK 0.03 (0.03).
January – September
• Net sales increased by 8 percent to SEK 588.4 (543.8) million. Currency-adjusted growth was 10 percent.
• Software sales climbed 13 percent to SEK 227.6 (201.4) million. Currency-adjusted growth was 16 percent.
• Operating profit rose to SEK 47.6 (46.8) million. Operating margin was 8 (9) percent.
• Net profit after tax rose to SEK 35.3 (34.7) million and earnings per share totaled SEK 0.10 (0.10).
• Cash flow from operating activities was SEK 67.6 (9.4) million.
Events after the end of the period
• In support of the resolution by the 2007 Annual General Meeting, the Board has decided to issue a share repurchase program over the stock market for a maximum of SEK 50 million.
• The Board intends to propose the 2008 Annual General Meeting a reverse share split of 20:1 and offer a commission free trading program in order to achieve round lots.
Please see enclosed pdf-file for the entire report.