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Interim Report January - June 2008
(Marketwire Via Acquire Media NewsEdge) KISTA, SWEDEN, July 25 / MARKET WIRE/ --
Stockholm, Sweden, July 25, 2008 - Enea?, (Nordic Exchange/Small
Cap/ENEA), a world leading provider of network software and services,
today publishes the interim report for the second quarter, 2008.
Second Quarter
- Net sales increased by 19 percent to SEK 240.1 (201.7)
million. Currency-adjusted growth was 22 percent.
- Software sales increased by 3 percent to SEK 80.2 (78.1)
million. Currency-adjusted growth was 6 percent.
- Consulting and other revenues rose 29 percent to SEK159.9
(123.6) million. Currency-adjusted growth was 32 percent.
- Operating profit amounted to SEK 13.0 (13.2) million.
Operating margin was 5.4 (6.5) percent. Non-recurring charges
affected operating profit negatively by SEK 2.0 million.
- Net profit increased to SEK 31.4 (9.8) million and
earnings per share amounted to SEK 1.74 (0.53)1). A tax
loss-carryforward for the North American entities has been
capitalized and affected net profit positively by SEK 19.9 million.
January - June
- Net sales increased by 13 percent to SEK 458.7 (404.6)
million. Currency-adjusted growth was 16 percent.
- Software sales decreased by 1 percent to SEK 153.9 (154.8)
million. Currency-adjusted growth was 2 percent.
- Consulting and other revenues rose 22 percent to SEK 304.8
(249.8) million. Currency-adjusted growth was 24 percent.
- Operating profit increased to SEK 31.7 (31.2) million.
Operating margin was 6.9 (7.7) percent. Non-recurring charges
affected operating profit negatively by SEK 2.5 million.
- Net profit increased by 78 percent to SEK 42.2 (23.7)
million and earnings per share amounted to SEK 2.34 (1.29)1).
- Cash flow from operating activities was SEK 45.1 (60.3)
million.
Events after the end of the quarter
- Acquisition of software company Zealcore Embedded
Solutions AB
- ?sa Land?n Ericsson replaced Johan Wall as acting
President and CEO as from July 1.
Please see enclosed pdf for the entire report.
For more information, please contact:
?sa Land?n Ericsson, President and CEO
+46 8 5071 4000, asa.landen.ericsson@enea.com
H?kan Gustavson, CFO
+46 8 5071 4000, hakan.gustavson@enea.com
About Enea
Enea (Nordic Exchange/Small Cap/ENEA) is the leading supplier of
real-time operating systems, middleware, development tools, database
technology and professional services for high-availability systems
such as telecommunications infrastructure, mobile devices, medical
instrumentation, and automobile control/infotainment. Enea's flagship
operating system, Enea OSE?, is deployed in approximately half of the
world's 3G mobile phones and base stations. Enea has over 700
employees and is listed on the OMX Nordic Exchange Stockholm AB. For
further information on Enea, please visit www.enea.com.
Enea?, Enea OSE?, Netbricks?, Polyhedra? and Zealcore? are the
registered trademarks of Enea AB and its subsidiaries. Enea OSE? ck,
Enea OSE? Epsilon, Enea? Element, Enea? Optima, Enea? LINX, Enea?
Accelerator, Polyhedra? Flashlite, Enea? dSPEED Platform,
Accelerating Network Convergence(TM), Device Software Optimized(TM)
and Embedded for Leaders(TM) are unregistered trademarks of Enea AB
or its subsidiaries. Any other company, product or service names
mentioned above are the registered or unregistered trademarks of
their respective owner. ? Enea AB 2008.
Q2 Interim Report: http://hugin.info/1059/R/1238305/264887.pdf
Copyright ? Hugin AS 2008. All rights reserved.
Copyright ? 2008 Marketwire
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