- Revenues up 0.3% to 128.2 mill. Leaving currency effects out of account, sales increase was 8.2%.
- Gross margin down 4.9 percentage points to 39.0% mainly due to inventory write-downs.
- EBITDA up 135.0% to 4.2 mill.
- EBIT up 182.2% to 2.0 mill.
- Earnings per share up 60% to -0.10.
Total year comments (All amounts in NOK)
- Revenues up 6.5% to 477.5 mill. Leaving currency effects out of account, sales increase was 9.0%
- Gross margin down 2.3 percentage points to 41.7%
- EBITDA up 14.5 mill.
- EBIT up 252.1% to 8.5 mill.
- Earnings per share up 95.7% to -0.05
In connection with a private placement in September 2006, the company published a forecast
indicating sales of 477.5 mill. and EBIT margin of 1.8% in 2007. Both actual sales and EBIT margin ended as forecasted for 2007.
The Board of Directors will not propose payment of dividend for 2007.
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