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Place de cotation: Helsinki
Stock Exchange - (Finland)
The Group's principal
activities are to develop, market and sale innovative packaged software
solutions for financial processes and buyer-supplier related transactions.
It operates in five segments: Product Sales, Consulting and Services, Maintenance
and Support, Software as a Service (Saas) and Other operations. Product
Sales include tle license sale of own products through group companies
and resellers. Consulting and Services consists of software installation,
as well as business consulting and project management. Maintenance and
Support comprises maintenance services and customer work of the personnel
in the support units. SaaS includes product sales as well as maintenance
and services invoiced monthly as per the agreements. Other operations consists
of sales and maintenance of third party software and equipment. The Group
has operations in Finland, Scandinavia, Europe and other countries. In
2007 the Group acquired Digital Vision Technologies Ltd.
http://www.basware.com/
Basware
Interim Report January 1 - September 30, 2009 (IFRS)
BASWARE
INTERIM REPORT JANUARY 1 - SEPTEMBER 30, 2009 (IFRS)
Basware
Corp. Stock Exchange Release October 13, 2009 at 09.00AM
SUMMARY
January-September
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Net sales EUR 66 054 thousand (EUR 59 804 thousand) - growth 10.5 percent
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Operating profit EUR 7 767 thousand (EUR 4 557 thousand) - growth 70.4
percent
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Operating profit 11.8 percent of net sales (7.6%)
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International operations accounted for 54.3 percent of net sales (51.9%)
- growth 15.5 percent
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Cash flows from operating activities were EUR 8 540 thousand (EUR 6 205
thousand).
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Earnings per share EUR 0.45 (EUR 0.28)
July-September
Q3
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Net sales EUR 21 609 thousand (EUR 19 259 thousand) - growth 12.2 percent
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Operating profit EUR 4 028 thousand (EUR 2 381 thousand) - growth 69.2
percent
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Operating profit 18.6 percent of net sales (12.4%)
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International operations accounted for 58.0 percent of net sales (55.1%)
- growth 18.0 percent
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Earnings per share EUR 0.27 (EUR 0.17)
Basware
expects its net sales for 2009 to develop positively on the level of 2008.
Operating profit (EBIT) for 2009 is expected to be from 10 to 15 percent
of net sales.
The
figures are unaudited.
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