Enea AB: Enea Publishes Today Interim Report for the Third Quarter, 2007
Enea (STO:ENEA):
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.
About Enea 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, OSE is deployed in approximately half of the world’s 3G mobile phones and base stations. Enea has over 500 employees and is listed on the OMX Nordic Exchange Stockholm AB (ticker ENEA). Enea, OSE, OSEck, OSE epsilon, Element, Polyhedra, Optima, LINX, Enea Accelerator, Accelerating Network Convergence and Device Software Optimized are all registered trademarks by Enea AB or its subsidiaries. All rights are reserved For further information on Enea, please visit .
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