Thrane & Thrane has released their interim financial report for the nine months ended January 31, 2009.

Increasing sales of terminals drove sustained profit improvement. Revenue for the first nine months of the financial year was DKK 907 million, up 4 percent relative to the same period of last year. The two largest business areas, terminals for land mobile and maritime use, reported improvements of 31 percent and 10 percent, respectively. Revenue in Q3 of the financial year was DKK 302 million, 6 percent up on last year. Q3 operating profit was up by 7 percent to DKK 31 million before restructuring costs. The nine-month operating profit was DKK 104 million against DKK 108 million last year. The operating margin was 11.5 percent. The net profit for the first nine months was DKK 67 million as compared with a loss of DKK 36 million in the prior-year period, which was impacted by substantial restructuring costs. For the 2008/09 financial year, we expect an operating margin of 12-13 percent before restructuring costs. Revenue is expected to be around DKK 1,225 million against the previous forecast of DKK 1,300-1,325 million. Select this direct link for the .pdf report.