22335 Hamburg, de
+49 (2203) 93530-3951
PIRONET NDH showing a loss
Financial results also showed a deficit. A key part in this was played by the complete writeoff of the indatex investment, which made up EUR 3.0 million. The overall income from investment was EUR -2.2 million, compared with interest income of EUR 0.2 million. On balance the financial results were thus EUR -2.0 million, making a pretax result of EUR -7.6 million, against EUR 3.5 million the year before.
For the 2010 financial year, PIRONET NDH management is confident the company will again grow more strongly and break even. It also aims to increase liquid funds, which stood at around EUR 12.0 million as of 31 December 2009, corresponding to net liquidity, as PIRONET NDH continues to work without any bank liabilities.
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