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Financial Reporting

Posten Norden Annual Report 2009

Acceptable operating earnings given the circumstances, substantial operational improvements and a rapid merger process.

  • Net sales for the full year totalled SEK 44,633m (45,810)
  • Operating earnings for the full year totalled SEK 284m (2,946)
  • Excluding restructuring costs of SEK 1,154m (163), operating earnings for the full year totalled SEK 1,438m (3,109)
  • Earnings before tax for the full year totalled SEK 2,439m (3,640) and net earnings totalled SEK 2,414m (2,749)
  • As part of the merger an additional dividend of SEK 1,400m was paid to the Swedish state. Post Danmark also divested its share in MIE Group S.A. which represented Post Danmark's equity interest in Belgian Post, De Post N.V.-La Poste S.A. The divestment produced a capital gain of SEK 2,002m
  • The Board proposes a dividend of SEK 1,440m