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FARA ASA : reporting Q4 2011 |
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Monday, 13 February 2012 16:08 |
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FARA ASA presented the financial result for fourth quarter 2011 and preliminary year end 2011 Tuesday the 14 February at 08:30 at Felix Conference Center, Aker Brygge, Oslo
HIGHLIGHTS:
- High activity – first full year with net profit
- EBITDA of MNOK 22.9 in Q4 2011 (1.9 in Q4 2010)
- Revenue of MNOK 78.6 in Q4 2011 (31.8 in Q4 2010)
- Net order inflow of MNOK 48 in Q4 2011 (37 in Q4 2010)
- Order backlog of MNOK 102 (84 in Q4 2010) -> Helsinki not included
- Gross margin of 66 percent year to date (76 % YTD 2010)
- Accumulated cash flow from operations YTD MNOK 17.4 (4.5 YTD 2010)
- New market opportunities opening up
- New sales both for ticketing and RTI
Download the presentation and report here: http://www.newsweb.no/newsweb/search.do?messageId=298479
For more information, please contact: Ørjan Kirkefjord, CEO of FARA ASA, mobile +47 95 08 47 30
The meeting is also available through webcast on http://streamsync.qbrick.com/09411/fara/2011/_fara_q4/
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