OMX Nordic Exchange Copenhagen
Announcement no. 3/2010
Maconomy delivers record-breaking earnings
Copenhagen, 24 February 2010. Today Maconomy's Board of Directors has reviewed
the Consolidated Financial Statements for 2009.
Maconomy emerged stronger from 2009 as it announced the highest earnings in
company history, posting earnings before income tax and depreciation (EBITDA)
of DKK 20.1 million on revenue of DKK 220,1 million.
This is the fourth year in a row with EBITDA growth for Maconomy, which more
than doubled its 2008 earnings. The operating profit (EBIT) grew from DKK 1.2
million in 2008 to DKK 11.4 million in 2009.
In 2010 Maconomy expects further EBITDA growth to DKK 25 million while the
operating profit (EBIT) is expected to reach DKK 15 million on revenue of DKK
240 million, including DKK 60 million from software licences.
Additionally, Maconomy forecasts even higher earnings and growth in the coming
years with the launch of the “Global Choice 2015” strategy plan.
Please see the attached Annual Report for further information.
Further information:
CEO Hugo Dorph, Maconomy
(+45) 35 27 79 00
ir@maconomy.com
About Maconomy (www.maconomy.com)
Maconomy is a global supplier of industry-specific business solutions for
project- and service-oriented companies (“Professional Services
Organisations”). Maconomy provides services to approx. 600 customers in 58
countries through offices in the U.S. and Europe, and through a comprehensive
partner network. More than 126,000 users worldwide use Maconomy's business
solutions.
This announcement has been prepared in Danish and English. The Danish version
is to be considered the original version for official purposes and in case of
any discrepancies between the two versions the Danish version shall prevail.
