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Thursday, 07 February 2008 |
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Report on the first quarter
Bertrandt has continued to grow, with consolidated revenues coming to EUR 95.965 million (previous year EUR 75.309 million) in the first quarter of fiscal 2007/2008, equivalent to growth of 27.4 percent.
The gratifying trend in earnings carried over into the period under review. EBIT as at 31 December 2007 came to EUR 10.371 million (previous year EUR 5.812 million), an increase of 78.4 percent. Earnings after income tax stood at EUR 7.292 million (previous year EUR 3.447 million).
On the strength of the good result, positive free cash flow of EUR 13.833 million was generated (previous year EUR 8.738 million). This resulted in an increase in cash and cash equivalents to EUR 27.575 million (previous year EUR 7.252 million). At 46.2 percent (previous year 47.3 percent), the equity ratio was at an above-average high level.
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