Financial Reporting
Interim Report January – September 2011
Changes and efficiency efforts to counter market trends and earnings development.
July - September 2011
- Net sales totaled SEK 9,195m (9,649), down 4% excluding structural and currency changes
- Operating profit (EBIT) totaled SEK 295m (450), down 27% excluding structural and currency changes
- Profit before tax totaled SEK 325m (436)
- Net profit totaled SEK 286m (363)
- Operating margin (EBIT) was 3.2 (4.6) %
- Return on equity, rolling 12-month, was 7 (4) %
- The equity-assets ratio was 47 (45) % at the end of the period
- Initiation of cost savings program to reduce administrative costs by approximately SEK 1 bn
January - September 2011
- Net sales totaled SEK 28,938m (30,798), down 3% excluding structural and currency changes
- Operating profit (EBIT) totaled SEK 926m (1,243), down 15% excluding structural and currency changes
- Profit before tax totaled SEK 1,018m (1,232)
- Net profit totaled SEK 784m (970)
- Operating margin (EBIT) was 3.2 (4.0) %
Download