GLASTON INTERIM REPORT 1 JANUARY - 30 SEPTEMTEMBER 2008
- Orders received in January-September totalled EUR 152.9 (170.7) million.
- The order book on 30 September 2008 was EUR 82.6 (125.7) million.
- In January-September, the Group's net sales grew by 11% from the corresponding period the previous year to EUR 201.5 (181.0) million. Third quarter net sales totalled EUR 65.8 (57.3) million.
- Operating profit in January-September before non-recurring items was EUR 6.5 (9.5) million, i.e. 3.2 (5.2) % of net sales. Third quarter operating profit was EUR 1.1 (4.0) million, i.e. 1.6 (6.9) % of net sales. *)
- Return on capital employed (ROCE) was 6.2 (6.4)%.
- Earnings per share in January-September were EUR 0.04 (0.04).
- Glaston expects full-year net sales to be at the previous year's level and operating profit to be below the 2007 figure.
*) 1-9/2007 non-recurring items EUR -7.3 million.
GLASTON CORPORATION
Stock Exchange Release 24.10.2008
for more information www.glaston.net