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TAT Delivers Strong Operating Results.

Publication: Business Wire
Publication Date: 18-APR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
OSLO, Norway -- TANDBERG Television (OSE:TAT):

Financials

TANDBERG Television delivered revenues of MUSD 84.2 in 1Q06, up 24% compared to MUSD 67.8 in 1Q05. The gross margin was 57.4%, up from 56.3% in the same quarter in 2005. Operating profit was MUSD 16.7 compared to MUSD 10.3 in the same quarter last year. Pre-tax profit was MUSD 16.7, up from MUSD 12.9 in the same period in the previous year.

The cash balance at the end of the quarter was MUSD 89.4 and included net cash income from operations of MUSD 7.1 up from MUSD 5.6 in the same period in 2005. Net cash...

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