• Revenue increased 27% to DKKm 1,160 (913) - organic growth 10% (14). • EBIT for the core business was DKKm 285 (164), a 74% increase. • Pipeline costs amounted to DKKm 154 (130). • EBIT was DKKm 131 (34). • EBT was DKK 164 million (0). • Outlook for 05/06 unchanged: Revenue approximately DKKb 1.5; organic growth 8-10%; EBIT DKKm 45-55; EBT DKKm 80-100