Q2 in brief
- Revenue came to USD 102.9 million, up 2%. In local currency growth came to 5%.
- The Aftermarket Division: USD 73.9 million, up 8%
- The OEM Division: USD 29.0 million, down10%. In local currency +/- 0%
- A gross margin of 22.0% against the year-earlier level of 22.6%
- An EBITDA margin before special items of 8.8% against 8.0% last year
- Currency and interest hedging contracts represented a total cost item of
USD 11.1 million of which USD 9 million is unrealized, compared to a cost
item of USD 0.5 million last year
- Earnings before tax reflected a deficit of USD 4.2 million against a profit
of USD 3.7 million last year
- The cash flow from operating activities was negative in an amount of USD 5.6
million against a negative amount of USD 5.4 million last year.
H1 2008/09 in brief
- Revenue came to USD 216.5 million, up 8%. In local currency growth came to 9%.
- The Aftermarket Division: USD 151.8 million, up 11%
- The OEM Division: USD 64.7 million, (+/- 0%) up 5% reported in local
currency
- An EBITDA margin before special items of to 8.4% against 8.0% last year
- Currency and interest hedging contracts represented a total cost item of USD
18.4 million of which USD 13.1 million is unrealized, compared to an income
item of USD 0.1 million last year
- Earnings before tax reflected a deficit of USD 4.1 million against a profit
of USD 9.2 million last year.
- The cash flow from operating activities was negative in an amount of
USD 15.8 million against a negative amount of USD 8.3 million last year
