Earnings Release • Jul 2, 2009
Earnings Release
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(Period from 01/01/2009 to date)
During this period, The operating profit amount 0.3 million EUR (including final dividend of Socfinal) compared to 40 thousand EUR for the first half of the financial vear.
Financial income will drop from 0.6 million EUR to 0.17 million due to the decrease of short term interest rates. Profit for this period is 0.5 million EUR against 0.7 for the first half of the financial year.
The Extraordinary General Meeting hold on the 10th June 2008 authorized the company to buy back its own shares pursuant article 2:98 of the Dutch Civil code. Since 01st January 2009, Mopoli has buy back 459 ordinary shares for a total of 3 354. However, it doesn't have significant impact on the equity.
Mopoli expects a re-evaluation of its available for sales instruments with an net positive impact of 1.7 million EUR on the consolidated equity. Final evaluation will be done at market price at the closing date.
The management do not foresee any specific or noted any new uncertainties that the company should have to face for the end of the current financial year.
The Directors.
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