Copenhagen Stock Exchange Interim Report 2002

Consolidated profit after tax amounted to DKK 33.8 million, down from DKK 36.9 million in the first half of 2001, a fall of 8 per cent.

In the first six months of 2002, return on equity was 25 per cent as against 35 per cent in the first six months of 2001.

The operating margin before depreciation/amortisation rose from 46 per cent in the first half of 2001 to 47 per cent.

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