2009 was a challenging year in a market characterized by lower investment activity, intense competition and price erosion. As a result, the top line growth trend was broken and revenue declined by 3 %. However, the Group performed well on its top priorities for 2009; improved cash-flow and greater financial flexibility.
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Share price 2009

Key figures (amounts in NOK million)

Revenues 5 777.9
EBIT 207.8
Profit before tax –92.0
Net profit –196.4
Total capital 4 659.9
Equity 1 329.7
 


Report of the Board of Directors

Eltek’s top priorities for 2009 were to substantially improve cash flow and strengthen the company’s financial position. More


Letter from CEO

In 2009, we succeeded in meeting our main ambition: to improve cash flow and strengthen our financial position. More
 
Copyright 2010 Eltek ASA • Date: 2010.9.4 • Disclaimer • Phone +47 32 20 32 00 eltek@eltek.com