TABY, Sweden, Feb. 08, 2005 (PRIMEZONE) -- Enea Year-End Report for 2004.
Full Year
- Net sales increased by 19 percent to SEK 656 (549) million.
- Profit/loss after tax improved to SEK -6 (-42) million, equivalent to earnings per share of SEK -0.02 (-0.16).
- Operating profit, excluding items affecting comparability, improved by SEK 50 million to SEK 18 (-32) million.
- Cash flow from operating activities improved by SEK 60 million to SEK 26 (-34) million.
- Implemented focus on the OSE software family, which involved cost reductions and a move to a more volumebased revenue model.
- Transformation to a market-oriented global software company with local consulting focusing on telecommunications is ongoing.
Fourth Quarter
- Net Sales increased with 11 percent to SEK 186 (167) million, compared to same period previous year.
- Operating profit, excluding items affecting comparability, increased by SEK 11 million to SEK 12 (1) million.
- Operating margin excluding items affecting comparability increased to 7 (0) percent.
- Software revenues for OSE licenses increased to SEK 66 (54) million with positive result.
- The streamlining program was completed with divestment of Enea Redina AB to Guide Konsult Stockholm AB.
For further information, please contact: Johan Wall, President and CEO Enea AB +46 8-507 140 00 johan.wall@enea.se Gunilla Spongh, CFO Enea AB +46 8-507 140 00 gunilla.spongh@enea.se
About Enea
Enea is a world-leading provider of real-time technology, embedded systems and technical systems development. We supply the global market with products and services requiring high availability and safety-critical applications. Our customers are high-technology companies within the telecom-, automotive and medical industries. Enea's real-time operating system OSE is used in millions of products worldwide. Enea has 500 employees and is listed on the Stockholm Stock Exchange's Attract-40 list.
For further information on Enea, please visit www.enea.se and www.enea.com.
This information was brought to you by Waymaker http://www.waymaker.net