| Mamut increases customer value for European SMEs with the general availability of Microsoft Office 365 |
| (Oslo/London/New York, 28 June 2011) Mamut announced today that Office 365, Microsoft’s next generation cloud productivity service is available, and will be included as part of Mamut’s business solutions and hosting offerings to its customers across Europe. |
| Proposed offer from Visma |
| On June 7th, Visma AS announced its intention to launch a voluntary cash offer for all outstanding shares in Mamut. The offer document is expected to be completed in the coming weeks.
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| Mamut improves profitability and reaches record sales during a strong quarter |
| (Oslo, 24 February 2011) Mamut reached operating revenues of MNOK 133.0 in the fourth quarter of 2010, compared to MNOK 131.4 in the same quarter in 2009. The company reached EBITDA of MNOK 20.2 and EBIT of MNOK 4.9, representing an EBIT improvement of MNOK 7.3 from same quarter 2009. |
| Mamut improves margins and experiences underlying growth |
| (Oslo, 28 October 2010) Mamut reached operating revenues of MNOK 113.4 in the third quarter of 2010, compared to MNOK 113.8 in the same quarter in 2009. The company reached EBITDA of MNOK 19.1 and EBIT of MNOK 4.6 for this quarter, representing an EBIT improvement of 60 per cent from 2009. |
| Mamut to include Microsoft Office 365 in key offering to small businesses in Ireland |
Dublin, 20 October 2010: Mamut today announced that it will include Microsoft Office 365 as part of the company’s business solution and hosting offerings to its more than 400,000 customers across Europe, including those in Ireland.
Microsoft Office 365 is a significant element in further embedding the next wave of cloud based services in the award-winning Mamut One business solution. Including Microsoft Office 365 in all offerings underlines Mamut’s continued dedication to deliver added customer value while further reducing operational complexity and infrastructure investment needs.
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| Mamut improves profitability in second quarter |
| (Oslo, 26 August 2010) Mamut reached operating revenues of MNOK 118.0 in the second quarter of 2010. The company reached EBIT of MNOK 11.3, compared to 9.6 in second quarter 2009. As part of the company’s streamlining process, Mamut has in 2010 reduced cost base, headcount and investment level to improve its financial scalability and prepare for future growth. |
| SMEs urged to tap into the potential of online shopping |
| 18 August 2010 - Irish businesses could be missing out by not having an online platform to present and sell their products says Luke Buckley, country manager for Mamut Ireland. Although most SMEs have developed a company website, most contain little more than contact information. Luke Buckley is urging companies to add a little functionality to their websites and develop an e-commerce section to tap into the increasing number of people who are browsing and shopping online. |
| Mamut with solid results and improved cash flow from operations |
| (Oslo, 29 April 2010) Mamut reached operating revenues of MNOK 126.3 in the first quarter of 2010. The company reaches EBIT of MNOK 10.1, compared to 11.1 in first quarter 2009. The company improved cash flow from operations and strengthened balance sheet during the quarter due to continued streamlining of operations, including reduced cost base, headcount and investments. |
| Mamut is well positioned for increased profitability |
| (Oslo, 25 February 2010) Mamut reached operating revenues of MNOK 496.6 in 2009, compared to MNOK 500.6 in 2008. The company reached EBITDA of MNOK 83.2 and EBIT of MNOK 21.9 for 2009. The company has strengthened its strategic position, product offerings and technology platforms combined with streamlining the operations to ensure margin improvements in 2010. |
| Mamut to offer pay-as-you-go software service to Irish SMBs |
| Award-winning business solutions offered on new subscription model through Rentsoft™ |
