WM-data Group, Interim Report January

WM-data Group, Interim Report January–June 2004

– Operating income before goodwill amortization (EBITA) increased by 93 percent and for the second quarter of 2004 totalled appr. EUR 12.4 million (6.4). The corresponding figure for the first six months of the year was appr. EUR 24.8 million (25.9). Earnings for the first six months of 2003 included a reversal of a project reserve of appr. EUR 9.8 million.

– Income after financial items (EBT) for the second quarter amounted to appr. EUR 8.0 million (6.1), an increase by 30 percent, and income after taxes totalled appr. EUR 4.6 million (3.4). The corresponding figures for the first six months of the year were appr. EUR 16.8 million (24.6) and EUR 9.7 million (18.1) respectively.

– Earnings per share amounted to appr. EUR 0.01 (0.009) for the second quarter and appr. EUR 0.02 (0.05) for the first six months.

– Sales increased by 28 percent and amounted to appr. EUR 231 million (181) in the second quarter and appr. EUR 450 million (374) for the period January to June.

– During the quarter, the IT operations of Validation AB with 150 employees were acquired.

– In June 2004, the Finnish hardware operations Novosys Ltd and WM-data X-Way Oy were divested to Atea.