Gode Q3-resultater for Affecto

CEO Pekka Eloholma comments:

"Our performance in the third quarter was good. Net sales grew by 17% to 27.9 MEUR. In our main business area, EIM solutions, we outpaced the market growth in all Nordic countries. Sweden had the highest growth rate (71%). EBIT grew to 2.1 MEUR and was 7% of net sales. The quarter was better than the same quarter in the previous two years regarding both the net sales and EBIT."

"We have succeeded pretty well in our main goal for this year, profit improvement. Profitability has clearly improved in all other countries except Sweden, where the ongoing growth-oriented development actions have caused the result to remain negative. We believe that also the Swedish business turns profitable by the year-end, although the development has been slower than originally planned."

"Affecto's order backlog is 45.2 MEUR, which is 4% higher than in Q3/2010 (43.6 MEUR). The growth in uncertainty about general economic developments has not much affected our daily work. In addition to the business cycle related uncertainty, the weak predictability of license deals typical to the fourth quarter weakens the short-term visibility."

"In 2011 the main focus is on profit improvement. Operating profit is estimated to at least double compared to year 2010. Net sales are estimated to grow at least by 10% in year 2011."

 Last ned fullstendig rapport her

For mer informasjon vennligst kontakt:
Administrerende direktør Håvard Ellefsen
Tel. +47 909 30 909
e-post: havard.ellefsen@affecto.com  

Marketing manager Charlotte Flø Haanes
Tel +47 957 61 628
e-post: charlotte.haanes@affecto.com