Thrane & Thrane keep hopes high
Thrane & Thrane recorded operating profit before restructuring costs of DKK 150 million against DKK 188 million in 2007/08. Profit after restructuring costs amounted to DKK 125 million, almost doubling last year's figure of DKK 63 million.
The revenue decreased from DKK 1.253 million last year to DKK 1.235 million I 2008/2009. But the management underscores, that it happened in a difficult market, and that revenue was almost retained. The land mobile market reported growth of 19 pct.
For the 2009/10 financial year, Thrane & Thrane expects revenue of around DKK 1.000-1.200 million and an operating margin of 7-12 pct. The management stress, that guidance is subject to significantly greater uncertainty than is normally the case due to the short-term market uncertainty.
Source: Thrane & Thrane
