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Revenues and order backlog after 9 months of business year 2009/2010
CeoTronics group revenue approx. €10,701 thousand / Order backlog: approx. -37.2%
The consolidated order backlog fell as expected by approx. 37.2% as of February 28, 2010.
Issuer's information and explanatory remarks on this ad hoc disclosure:
Compared to the Q3 revenue last year (second highest in the company history) revenues declined in the current business year (nine months) by approx. 24.3%.
Revenues and order backlog lowered due to massive delays in the switch to digital radio systems of the authorities in Germany and the effects of the worst crisis to the world economy and the financial markets during the last 80 years.
"The final detailed consolidated figures for the group are expected to be published together with the Q3 2009/2010 report following their approval on March 25, 2010", explains Thomas H. Günther, Chairman of the Board of Management.
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