Interim Report Q1 January - March 2010

 

The period 1 January – 31 March 2010
– Sales amounted to SEK 915 million, which was unchanged compared to previous year in local currencies, but 7% lower in SEK (979 million).
– Profit after tax improved by SEK 60.9 million and amounted to SEK 7.6 (-53.3) million.
– Earnings per share amounted to SEK 0.11 (-0.81).
– Cash flow from operating activities improved by SEK 204.1 million to SEK 65.4 (-138.7) million.
– Equity ratio amounted to 41.5 (33.4) %.
– Net debt to equity ratio amounted to 93.8 (148.9) %.

ROLLING 12 MONTHS
– Sales amounted to SEK 4 023 (4 569) million.
– EBITDA amounted to SEK 313.6 (366.1) million
– Profit after tax amounted to SEK 148.7 (109.6) million.
– Cash flow from operating activities amounted to SEK 1 010.4 (-218.0) million.

VIEWS ON 2010
The market has so far recovered at the pace we expected, but uncertainty concerning developments in the coming quarters still exists, even if it is less than before. For 2010 we expect a higher turnover and better result than the 2009 outcome - despite some shortages because of low inventories and longer lead times, which primarily affects the second quarter.

Download PDF file of the interim report.
Download PDF file of the presentation.

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