Elektrobit Group Oyj - ELEKTROBIT GROUP PLC.'S FIRST QUARTER 2003
April 30, 2003
ELEKTROBIT GROUP PLC.'S FIRST QUARTER 2003
Comparisons between the period from January to March 2003 and the pro forma figures of the corresponding period a year earlier:
- Net sales 35.4 million euro (30.8 million euro in the first quarter of 2002, representing an increase of 4.6 million euro or 14.9%). The net sales for Contract R&D and Automation Solutions business units remained at the level of the first quarter of 2002. Net sales in the Test business unit increased.
- Operating profit 3.6 million euro (-4.1 million euro, an increase of 7.7 million euro in comparison with the first quarter of 2002)
- Equity ratio 54.8% (43,1%)
The figures presented in this interim report are compared with the pro forma figures for 2002. The pro forma accounting principles applied in 2002 are described later in this report.
