Interim Report For AudioDev AB
2008-07-15 05:44:00
STOCKHOLM, Sweden–(EMWNews)–Regulatory New:
AudioDev AB (STO:AUDVB):
-
Net sales totalled SEK 59.7 million (68.3)
-
Profit/loss after financial items amounted to SEK -15.3 million (-27.0)
-
Net profit/loss for the quarter totalled SEK -12.2 million (-19.3)
-
Profit/loss per share, after dilution, was SEK -0.73 (-1.15)
-
The order backlog totalled SEK 26.9 million (11.1) at the end of the
quarter
-
The format war about optical media based on blue laser is over
following Warner Bros Entertainment’s decision to use the BD blue
laser format exclusively, and Toshiba have since announced that they
are phasing out the development and production of the HD-DVD competing
format.
-
AudioDev secured several key orders for blue laser analyzers in the
second quarter with a total order value of around SEK 27.5 million.
Several of these orders are intended for continuous production.
AudioDev discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 12.30 p.m. on July 15th
2008.
AudioDev is a world leading supplier of complete solutions for quality
control of optical media and of inspection systems for quality assuring
the manufacture of thin layers and films. The group’s products for
quality assurance and production efficiency are marketed under the
brands ETA™, CATS™
and GO!™. The customer base includes companies
involved in the manufacturing of optical media, flat panel displays and
other industrial applications where thin layers need to be checked for
quality with respect to colour determination, measuring thickness and
density. AudioDev has a complete offering that includes high precision
analyzers, analyzers for production control, extensive customer support,
training and TestCenters across the world.
Net sales in 2007 were SEK 111.2 million, with the largest markets being
in the US, Asia and Europe. The head office is based in Malmö,
Sweden AudioDev has been listed on the OMX Nordiska Börs
Stockholm exchange since September 2000.
This information was brought to you by Cision http://newsroom.cision.com
Christer Sjöström, Chief Executive Officer, [email protected] Thelander, Chief Financial Officer, +46 709 694920, |
|
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions