KYRO´S INTERIM REPORT FOR JANUARY-MARCH 2007
GLASTON'S YEAR BEGINS SATISFACTORILY
January-March key figures
- Agreement on sale of Energy business takes effect on 1 July 2007
- The Group's business divided into Continuing Operations (Glaston Technologies and parent company Kyro Corporation, reported here as Glaston) and Discontinued Operations (Energy)
- Kyro Corporation changes to Glaston Corporation on 1 June 2007; a new corporate identity has been launched
- A new organisational model and redivision of business areas will be outlined in a separate release
- Due to a change in revenue recognition practice, restated figures are given for comparison with 2006
- Glaston's net sales EUR 58.2 (45.9) million
- Operating profit EUR 1.7 (-1.2, excluding non-recurring items) million
- Profit before taxes EUR 1.9 (1.7) million
- Profit (after taxes) EUR 0.6 (-1.4) million
- New machine orders EUR 42.5 (29.0) million
- Glaston's order book EUR 92.5 (69.4) million
KYRO CORPORATION
STOCK EXCHANGE RELEASE 9 MAY 2007
www.kyro.fi