Record high figures
- Never has Data Respons presented better figures, says CEO of Data Respons ASA Kenneth Ragnvaldsen. We are continuing our strong growth, and now the results are following suit. All areas are doing well, but we are particularly pleased with our success internationally.
In the first half year international revenues increased with 118 % compared to the same period last year. In addition, the international operations now generates the largest part of the revenues for the first half year of 52 %, equalling NOK 151,2 million.
- We are particularly pleased with the revenue growth and improved profits in Sweden and Denmark. Sweden had a revenue growth of 90 % and Denmark a revenue growth of 170 % this half year, says Ragnvaldsen. Both countries are getting closer to Data Respons Norway's profile with a strong market position, larger share of solutions sales and an increasing customer base.
Data Respons has shown a strong organic growth in both revenue and profits. Compared with last year, the organic revenue (proforma) increased with 34 % and the EBITDA with 105 % first half year. - This shows that Data Respons delivers growth both in existing and acquired companies for both revenues and profits, says Ragnvaldsen.
Increase in solutions
Solutions amount to 56 % of the revenue in the second quarter, with NOK 87,5 million. Access to new solution customers has increased in the quarter and the average contract size is also growing.
- Solution deliveries provide Data Respons with long term customer relationships and boost opportunities for increased sales, says Ragnvaldsen. Solutions have grown with 55 % compared to the same period last year, due to Data Respons having strengthened their position as a complete solutions supplier both nationally and internationally.
Kenneth Ragnvaldsen, CEO, Data Respons ASA, phone: +47 67 11 20 00 Mob: +47 913 90 918.
ABOUT DATA RESPONS
Data Respons` vision is to become leading in Europe within 2010 on Embedded Solutions in the industrial market. Embedded Solutions can be described as being the brains of a machine, system or industrial end product. Data Respons supplies Embedded Solutions to leading OEM companies, system integrators and vertical product suppliers in a range of market segments such as defence, offshore, automation, medical equipment, surveillance, transport, telecommunications and other industries. Data Respons` customers include Ericsson, Nera, ABB, Brüel & Kjær, Anritsu and Saab. Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has offices in Denmark, Finland, Norway, Sweden and Germany. At the close of the 2nd quarter 2007 the company had a total of 271 employees.
More information on Data Respons ASA can be found on our website: http://www.datarespons.com