21 nov: NKT har stadig problemer i Cables-divisionen
22 nov: Porsche Panemera bliver mere sporty
21-11-2011 14:52:31

Summary of the annual report for 2010/11 for RTX Telecom A/S

Relateret indhold
24 aug - 
RTX Q3: Mindre opjustering drevet af større omsætning ..
24 aug - 
Aktier/middag: Nervøsitet sender C20 Cap i stort fald ..
24 aug - 
Aktier/åbning: Store og brede fald - C20 i historisk dy..
Relateret debat
27 aug - 
Netop. Der oprettes en ny tråd som fanger folks interes..
27 aug - 
Den debat har jeg haft tidligere på Proinvestor da mæng..
27 aug - 
Næppe lige nu ... muligt at volumen er på plads idag, m..

Positive result as expected

“I am happy to see that we this year can put a number of negative results

behind us and show that RTX Telecom can earn money. This happens in a difficult

macro economical environment. Both of our business units have shown that they

can deliver positive results. Both for products as well as for technology RTX

Telecom is in the lead, and this will contribute to us being on the right

track”, says President & CEO Jesper Mailind.

Today, the Supervisory Board has reviewed and approved the annual report for

RTX Telecom for the financial year 2010/11 for the period 1 October 2010 to 30

September 2011.

With a profit after tax of DKK 3.9 million and a positive net cash flow of DKK

1.0 million marks the financial year 2010/11 a milestone in RTX Telecom's

turnaround. Gross margin improved in 2010/11 due to increased focus on margin

and changes in the product mix. Despite a minor decline in revenue RTX Telecom

can thus present a gross profit, which in the financial year 2010/11 is DKK 4.1

million better than the gross profit for 2009/10. RTX Telecom has in the

financial year 2010/11 increased its cost base in order to invest in new

technologies and product platforms. The aim is to establish attractive product-

and technology platforms which can ensure future business opportunities within

both business units. As a consequence of these investments, both EBIT and cash

flow are at a lower level for the continuing business compared to the previous

financial year. Based on a continued strong solvency and liquidity, RTX Telecom

is in a position to make investments in own financed development.

Summary of the annual report

-- In the financial year 2010/11 the Group achieved total revenue of DKK 204.9

million compared to DKK 220.7 million in the financial year 2009/10.

Revenue thus decreased by 7.1%.

-- The gross profit was improved by DKK 4.1 million, from a gross margin of

51.9% in last financial year to 57.8% in 2010/11.

-- The operating profit (EBIT) amounts to DKK 9.0 million, or 4.4%, compared

to DKK 13.4 million, or 6.1%, for the continuing business in the previous

financial year. The operating profit is thereby in the announced profit

range, which was published by the beginning of the financial year 2010/11

-- The capacity costs increased by DKK 18.0 million, primarily due to

significant investments in new technologies and new product platforms. The

capacity costs include write-down of overdue debtors, which has increased

by DKK 4.3 million compared to the previous financial year.

-- The cash flow amounts to DKK 1.0 million compared to DKK 27.9 million in

the previous financial year. The cash flow was last year positively

affected by sales of short-term current assets of DKK 16.7 million. In

2010/11, the cash flow is negatively affected by larger investments in own

development compared to 2009/10. The Group's cash and short-term current

asset investments amounted to DKK 20.9 million at 30 September 2011, which

is an increase of DKK 1.0 million compared to the same period last

financial year.

-- The development costs increased with DKK 9.0 million in 2010/11 to DKK 25.7

million. The capitalized costs for new technologies and new product

platforms are DKK 12.3 million (covering four quarters) compared with 2.8

million (covering one quarter) the previous year. Amortization on

development projects in 2010/11 amounted to DKK -0.9 million compared to

DKK 0 million in 2009/10.

-- The Group's equity amounted to DKK 151.9 million at 30 September 2011,

which is an increase of DKK 6.7 million compared to the financial year

2009/10.

-- The discontinued business, which covers the costs associated with the

closure of the former RTX Networks Systems division by the end of the

financial year 2009/10, contributed with a loss of DKK 2.3 million. RTX

Telecom does not expect further costs related to the closing down of RTX

Networks Systems.

-- The profit after tax amounted to DKK 3.9 million compared to a loss of DKK

15.1 million in the previous financial year.

Prospects for the financial year 2011/12

During the past year, RTX Telecom has invested significantly in new

technologies and product platforms, and has focused on expanding its sales

platform. The Management expects that the increased activity level will

compensate for the general economic softening, resulting in business results

for RTX Telecom slightly over the financial year 2010/11. It is expected that

RTX Technology will be on level with the result for the financial year 2010/11.

RTX Products will produce business results slightly over the previous year with

the improvement focused on second half of the year.

The Management expects to achieve a positive development in Group revenue to a

level between DKK 205-225 million with the improvement mainly related to the

second half of the year. The operating profit (EBIT) is expected to be in the

range of DKK 10-12 million.

In general

The Company's annual report for 2010/11 will be sent to NASDAQ OMX Copenhagen

A/S in continuation of this announcement. Please see the annual report for more

details. The annual report will be available at RTX Telecom's website

www.rtx.dk.

Meeting for financial analysts and the press

At 3pm on 1 December 2011, Danske Market Equities will hold a Winter Seminar at

Hotel Mariott Copenhagen, Kalvebod Brygge 5, Copenhagen V. At the meeting RTX

Telecom's Management will comment on the annual report for 2010/11 for the

Group and the Management's expectations for the financial year 2011/12.

Annual general meeting

The Company's annual general meeting will be held on Monday 30 January 2012 at

3pm at RTX Telecom, Stroemmen 6, DK-9400 Noerresundby.

Yours sincerely,

RTX Telecom A/S

Jens Alder Jesper

Mailind

Chairman President &

CEO

Questions and further information:

Jesper Mailind, President & CEO, tel. +45 96 32 23 00

Please visit RTX Telecom's website at: www.rtx.dk

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
26 aug
RTX
Investor 1989, - nej tak, - jeg er ikke interesseret i at give 15 dollars for en analyse fra dig omk..
27
25 aug
RTX
RTX havde i 2013/14 en bundlinje på 55,5 mill dkk og har i år til dato (3 kvartaler)  et overskud på..
14
26 aug
RTX
Det som er irriterende, er at han lægger op til en debat på grundlag af noget vi kun må se imod beta..
9
26 aug
RTX
Jeg deltog idag i et møde med RTX direktør Flemming Hynkemejer hos ABG Sundal i København. Herudover..
8
25 aug
RTX
Jeg forudsagde i midten af dette år i en længere analyse at RTX burde nærme sig 190 DKK indenfor 12 ..
6
26 aug
RTX
Tak for det Investor1989..   For mig er det ok at du henviser til din side, som andre har nævnt er d..
4
26 aug
RTX
Må man spørge hvorfor prisen er i USD???  Er de fleste af dine kunder da amerikanere, og er analyser..
4
26 aug
RTX
Det kan da ikke imponere mig, - tværtimod !   Det understreger bare, at "anal-ytikere, der er voldso..
4
26 aug
RTX
Jeg er ikke interesseret i at stoppe din skriveadgang, - men vil gerne have stoppet din ubetalte rek..
4
26 aug
RTX
Det er en fair holdning. Du kan bare rapportere indlægget til EI og så må de sørge for min konto ikk..
4

Delårsrapport 2015 for Euroinvestor.com A/S

28-08-2015 12:51:53
Fondsbørsmeddelelse nr. 9. 2015 28. august 2015 Rekordresultat efter 1. halvår Euroinvestor.com A/S opnåede i 1. halvår 2015 en omsæt..

Novo/Leerink: Dækning indledes med "marketperform" og mål 374

28-08-2015 07:28:52
Novo Nordisk får opmærksomhed fra den amerikanske "health care"-investmentbank Leerink Partners, der indleder dækning af medicinalkoncernen med anbefalingen "ma..

Novo Nordisk køber to amerikanske virksomheder - NY

27-08-2015 15:13:31
Novo Nordisk udvider sin portefølje af projekter inden for diabetes og fedme med opkøbet af de to amerikanske forskningsvirksomheder Calibrium LLC og MB2 LLC.De..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

RTX A/S 90,00 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
31. august 2015 00:32:56
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150824.1 - EUROWEB7 - 2015-08-31 00:32:56 - 2015-08-31 00:32:56 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x