TietoEnator's interim report 2/2008 (January - June 2008) - Strong growth and profitability improv..

TietoEnator Corporation Quarterly Report 18 July 2008, 8.00 am EET To download the PDF file, please use this link: http://hugin.info/3114/R/1236843/264075.pdf Highlights - the second quarter * The Performance Improvement Programme has progressed well. The actions taken by the end of June amount to annualized savings of EUR 71 million. * Net sales grew by 11% to EUR 480.1 (434.2) million. Organic growth totalled 11%. * Operating profit, excluding one-off items mainly related to the Performance Improvement Programme, amounted to EUR 33.2 (14.8) million, representing an operating margin of 6.9% (3.4). * Operating profit, including one-off items of EUR 3.7 million, amounted to EUR 29.6 (9.9) million. * Profit after taxes was EUR 18.7 (5.0) million. * EPS amounted to EUR 0.26 (0.07). * Net cash flow from operations amounted to EUR... [read full story]