Interim Report for the Period January 1 – June 30, 2005
Increased Sales and Intensified Market Focus Year to Date • Net sales increased by 13 percent to SEK 354 (312) million. • Profit after tax improved to SEK 24 (-14) million. • Earnings per share increased to SEK 0.07 (-0.04) SEK. Second Quarter • The fifth consecutive quarter of underlying sales growth, year on year. • Software sales increased by 22 percent to SEK 56 (46) million, equal to a share of 30 percent • Operating profit decreased to SEK 7 (10) million, partly due to intensified marketing efforts and move of the Enea headquarter office. The goal is to achieve an operating profit of 10 percent, during a business cycle. • Cash flow from operating activities improved to SEK 12 (0) million. • Enea signed strategically important orders with Yamaha in Japan and World Wide Packets in the USA. A renewed consulting framework agreement was also signed with Ericsson.