Statement on outlook for operations in Denmark

30 April 2009 14:36

In an interview with the Magazine Motormagasinet in Denmark the Danish Managing Director made a statement regarding the financial result for the Danish business. The following information was given:

“And we expect a stronger 2009 than 2008 for both turnover and financial result on a weak market. We have also had a very good start. The first quarter of 2009 is stronger than last year and over budget, says Lars From.”

As stated by this quotation it is indicated that the Danish business is expecting to reach a better turnover and EBIT for the full year of 2009 compared to 2008. At given time it is too early to hold true to this economic forecast given by the Danish Managing Director. EBIT for the Danish business for the first quarter, will be presented as a whole 14th May 2009, totalled 1 MSEK compared to 0 MSEK previous year.