Regulatory News:
January 1 - December 31, 2007 (Figures in brackets relate to January 1 - December 31 2006)
-- Net sales totalled SEK 111.2 (104.6) million
-- Profit/loss after financial items was SEK -72.5 (-52.3) million
-- Profit/loss for the year totalled SEK -54.7 (-36.8) million and were impacted negatively by the costs of the integration of AudioDev GmbH and for the savings program at the Malmo operations.
-- Both the cost savings' program and the integration vas completed more rapidly than planned with full effect on the income statement from January 1, 2008. Full effect on cash flow is expected in June 2008.
-- Profit/loss per share after dilution totalled SEK -3.27 (-2.20)
-- The order backlog totalled SEK 13.2 (5.8) million at the end of the year
Note: AudioDev GmbH was consolidated in the Group from the day of acquisition and purchase on February 8 and is thereby included in the figures for 2007 from that date.
AudioDev discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 2.30 p.m. on February 13th 2008.
AudioDev is a world leading supplier of complete solutions for quality control of optical media and of inspection systems for quality assuring the manufacture of thin layers and films. The group's products for quality assurance and production efficiency are marketed under the brands ETA(TM), CATS(TM) and GO!(TM). The customer base includes companies involved in the manufacturing of optical media, flat panel displays and other industrial applications where thin layers need to be checked for quality with respect to colour determination, measuring thickness and density. AudioDev has a complete offering that includes high precision analyzers, analyzers for production control, extensive customer support, training and TestCenters across the world.
Net sales in 2007 were SEK 111.2 million, with the largest markets being in the US, Asia and Europe. The head office is based in Malmo, Sweden AudioDev has been listed on the OMX Nordiska Bors Stockholm exchange since September 2000.
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Contacts:
Christer Sjostrom, +46 40690 4900
or +46 705 45 64 55
Chief
Executive Officer
christer.sjostrom@audiodev.com
or
Anna
Thelander, + 46 40 690 49 42
Chief Financial Officer,
Mobile
+46 709 694920
anna.thelander@audiodev.com
