Metis Capital Ltd.
Metis Capital Ltd.: METIS CAPITAL LTD. ANNOUNCES 9M-2008 FINANCIAL RESULTS
Metis Capital Ltd. / Quarter Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Total Revenues: € 71.1 million; Gross Profit: € 12.0 million; Net loss: € 10.5 million Tel Aviv/Israel; November 30, 2008 – Metis Capital Ltd. (Prime Standard: EIC; TASE: MTSC) announces its consolidated interim financial statements for the first nine months of fiscal year 2008. Total revenues of the consolidated company in the first nine months of 2008 amounted to € 71.1 million, compared to € 74.3 million in the same period of 2007. Of the total revenues, € 70 million were derived from the sales of cars and spare parts, compared to € 73.4 million in the same period of 2007, € 0.9 million were derived from rental income compared to € 0.7 million in the same period of 2007, € 272 thousands were derived from business consulting services (to Japan Auto) compared to € 141 thousands in the same period of 2007. The gross profit of the consolidated company in the first nine months of 2008 amounted to € 12 million – 16.9%, compared to € 12.7 million – 17.1% in the same period of 2007. The profit (loss) before income taxes of the consolidated company in the first nine months of 2008 amounted to (€ 0.2) million, compared to € 5.4 million in the same period of 2007. The net profit (loss) of the consolidated company in the first nine months of 2008 amounted to (€ 10.5) million, compared to € 2 million in the same period of 2007. The complete financial report is available for download on the corporate website: www.metis-capital.com Contact: Metis Capital Ltd. Ilan Engel, CFO Phone: +972-3-537 3000 E-mail: ilan@metis-capital.com Janina Wismar Investor Relations Phone: +49-40-60918650 E-mail: janina.wismar@kirchhoff.de 01.12.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Metis Capital Ltd. 30 Hamasger Street 61090 Tel-Aviv Israel Phone: +972 (03) 537-3000 Fax: +972 (03) 537-4000 E-mail: investor@metis-capital.com Internet: www.metis-capital.com ISIN: IL0003570129 WKN: 936734 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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