Interim Report Q2 January - June 2009

 

The Period 1 April–30 June 2009 
• Sales amounted to MSEK 1 023, which was 18 % lower than the previous year (MSEK 1 245). 
• The result after tax amounted to MSEK 60.5 (85.8). 
• The result per share amounted to SEK 0.91 (1.22). 
• The cash flow from operating activities increased by MSEK 401 to MSEK 373 (-28).  
• The equity ratio amounted to 35.8 (27.1) %. 
• The net debt to equity ratio decreased considerably to 129.7 (200.1) %. 

The period 1 January–30 June 2009
• Sales amounted to MSEK 2 002, which was 11 % lower than the previous year (MSEK 2 260).
• The result after tax amounted to MSEK 7.2 (70.8).
• The result per share amounted to SEK 0.10 (1.07).
• Restructuring costs have affected the result after tax by MSEK 56.4.
• The cash flow from operating activities increased by MSEK 452 to MSEK 235 (-217).

Views on 2009
• Market development was weaker than expected in the Promo and Sports & Leisure business areas during the second quarter. New Wave Group’s assessment at present is that sales and result before tax will not amount to the same levels as 2008. The Group expects the third quarter to be weaker than the previous year and the fourth quarter to be somewhat stronger than theprevious year.

Download PDF file of the interim report

Download PDF file of the presentation.

---