2009′s Interim report released
As seen in our most recent Interim Report, strong order intake from the third and fourth quarters of 2008 and the first quarter of 2009 gave our Group the stimulus it needed to deliver a respectable Half Year performance to our shareholders. While our financial results are lower than in the corresponding period of 2008, Cavotec has successfully operated within this tough economic environment to maintain an acceptable level of profitability and continue planting seeds for future growth.
From January through June 2009, we recognized EUR 64.1 million of revenue from sales of goods. And as of 31 July 2009, our order book stands at a EUR 44.2 million and there are many prospects we have been following for months that are beginning to materialize into orders.
For comprehensive figures, read the report in full.