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2009-10-29
3:e kvartalsrapporten
Nedgången i efterfrågan av teknikkonsulttjänster har stabiliserats.
Matti Hyytiäinen, President och CEO Etteplan Oyj, kommenterar kvartalsrapporten såhär:

"Decline in demand for design services ceased in the end of the third quarter of the year and stabilized on lower than usual level.

Our customers have reorganized their operations to ensure profitable business preconditions in the current market situation. For Etteplan this meant increased market share as customers concentrated their design services procurement.

During the third quarter we signed a number of new contracts in which the work will be done in our Chinese units. With this operating model we offer our
customers significant cost savings in technical design and product information.

During the period under review, a number of customers commenced preparatory measures to start new product development projects. Among medical technology equipment manufacturers' new product development projects commenced and it showed as an increase in the number of assignments. During the third quarter of the year tender activity in our delivery design services was more active compared to the beginning of the year.

Measures, which we commenced during the spring, to adjust design capacity to the current market situation as well as lightening of cost structure continued successfully. These development measures will be concluded during the last quarter of the year, and as a result of these measures our service ability and competitiveness will further improve. These measures will also positively affect
our current financial position".

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