Strong results in 2008

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2008 was another successful  year for Making Waves with revenues growing by over 20% to 115.3 million NOK.

Earnings before tax (EBT) were 15.2 million NOK for the group and 16.8 million NOK for the parent company.  This gives a profit margin of 13.2 per cent for the group and 14.8 per cent for the parent company.  The growth in 2008 has strengthened the company’s position in the market, and with a new CEO, the winning of further prestigious awards, and important new clients added, we believe in 2009 we will  develop the business further, in spite of a challenging market.