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For the six months ended 30 June 2009, Wanderer-Werke AG revenues decreased 4% to EUR220M. Net loss before extraordinary items increased from EUR953K to EUR8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Research & Development Expenses increase of 17% to EUR9.8M (expense), Other Operating Income decrease of 26% to EUR3.4M (income).
Period Ending: | Jun 30, 2009 | Dec 31, 2008 | Sep 30, 2008 |
---|---|---|---|
Total Revenue | 219.97 | 257.69 | 407.2 |
Gross Profit | 69 | 77.08 | 115.9 |
Operating Income | 0.56 | -35.62 | 3.9 |
Net Income | -8.04 | -42.26 | -17.9 |
Period Ending: | Jun 30, 2009 | Dec 31, 2008 | Sep 30, 2008 |
---|---|---|---|
Total Assets | 532.54 | 550.19 | 630.8 |
Total Liabilities | 580.27 | 601.81 | 651.5 |
Total Equity | -47.74 | -51.62 | -20.7 |
Period Ending: | Jun 30, 2009 | Dec 31, 2008 | Sep 30, 2008 |
---|---|---|---|
Period Length: | 0 Months | 12 Months | 0 Months |
Cash From Operating Activities | 2.5 | ||
Cash From Investing Activities | -23.45 | ||
Cash From Financing Activities | -21.48 | ||
Net Change in Cash | -37.05 |
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