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Positive 2009 result better than expected.

2009 was a satisfactory year for JVL Industri Elektronik A/S. However, the year has proven difficult due to the global recession. Revenue was normalised in the last month of the year which, in conjunction with the savings that was introduced produced a positive result. The number of staff was adjusted but all key employees and the entire R&D department was retained. Revenue dropped as expected. However performance for the year exceeded the expected breakeven considerably which the management find highly satisfactory.
Based on the newly developed products and expanded distributor network, subsidiaries and sales offices, the company have positive expectations for the future.

JVL A/S Bregnerødvej 127 DK-3460 Birkerød Denmark
Tel: +45 4582 4440 Fax: +45 4582 5550 E-mail:
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