04.11.2009
Stable sales growth in third quarter with a turnover of MNOK 9.4, compared with MNOK 10.4 the same period last year (pro forma).
Pending a new economic upturn, it has been done a significant sales work during the third quarter.
A direct result of the intensified sales efforts Repant has new entered into two new frame agreements, which is a decisive criterion for future sales.
-Repants new and modern machinery receives good receptions, but businesses and shops are hesitant
with investment decisions as a direct result of the uncertain economic situation, "says CEO Magnus Engström .
EBITDA was in the third quarter of 2009 MNOK -4, compared to MNOK -6.8 in the third quarter of 2008
(pro forma). The deficit was in the third quarter of 2009 reduced by MNOK 6.1 to MNOK 6.2, compared with
third quarter 2008 (pro forma).
Repant completed in October a successful share issue on gross MNOK 45.
-The successful placement is a security for all Repant partners regarding the Group's financial strength and
long-term perspective, "says Engström.
Repant has ambitions to have a significantly higher market share.
-The requirements are met with products of high quality, and modern and innovative technology - all
important criteria for shops and retail outlets, "says Engström.
Repant ASA - Visiting address: Kobbervikdalen 75, N-3036 Drammen, Norway
Postal address: Postboks 720 Strømsø, N-3003 Drammen, Norway | Phone: +47 32 20 91 00 | Fax: +47 32 20 91 01 | Support: +47 32 20 91 20
VAT Registration No.968 920 863 | mail@repant.com