Maconomy maintains profit expectations for 2009 following a first-half EBITDA result that is DKK 5.3 million better than the same period last year. The result is primarily due to tight cost control and a business model that brings steady revenue. The
Danish ERP supplier Maconomy navigated safely through the first half of 2009. The DKK 106.4 million revenue in the first half was 7 percent lower than last year (3 percent after exchange rate adjustments). Conversely, Maconomy delivered an earnings improvement of DKK 5.3 million for total earnings before income tax and depreciation (EBITDA) of minus DKK 2.3 million. This is a clear improvement compared to 2008, which yielded a loss of DKK 7.6 million.