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Q3 results confirm low expectations
Trading update 3rd quarter 2009
Year-to-date revenues amount to 127,5 mio euro versus 166,1 mio euro in 2008; 23% below the comparable figure for the same period of 2008.
The current order backlog at the end of October 2009, is 13% below the level as at the end of October 2008.
Revenues in the 4th quarter are expected to be significantly stronger compared to the 3rd quarter as 3 full turn-key projects have been received in Asia, Europe and the US respectively.
Revenues during Q3 stand alone were 34,5 mio euro; 27% below the comparable figure for the same period in 2008.