19. June 2009
We have announced our Annual Report 2008/2009.
The Group's primary operating result was a surplus of 9,3 million DKK against a deficit in 2007/08 on 19,9 million DKK. The turnover in 2008/09 was 560 million DKK, which was 38 million DKK higher than the previous year.
As expected, NASSAU came strengthened out of the moving all the production facilities to Ringe, and the consequent restructuring Thus, NASSAU's competitiveness significantly improved, and the leadership looks with great confidence in the future. This is despite the fact, that the second half of the financial year has been marked by a slowdown in construction everywhere in Europe, which has affected both turnover and profits negative. Management is therefore in the belief, that NASSAU has a very favorable basis to increase the turnover as well as the earnings, when the market again returns to the positive.
NASSAU has in the financial year substantially strengthened its market position in the servicefield of industrial doors.
Read more details of our annual report