Interim report for January – June 2009
Press release from Elanders AB (publ) 2009-07-14
The second quarter:
- Net sales fell by 16 % totalling MSEK 445 (MSEK 532).
- Operating profit amounted to MSEK -22.4 (MSEK 24.9). The result is affected by costs of MSEK 13 stemming from the change in leadership.
- Pre-tax profit was MSEK -31.6 (MSEK 13.5).
- Net profit was MSEK -24.0 (MSEK 13.4) or SEK -2.46 per share (SEK 1.36 per share) 1).
- Operating cash flow amounted to MSEK 45 (MSEK 18).
- Magnus Nilsson was appointed new President and CEO on 25 June 2009.
The first half year:
- Net sales fell by 13 % totalling MSEK 921 (MSEK 1,054).
- Operating profit amounted to MSEK -10.3 (MSEK 56.2). The result is affected by costs of MSEK 13 stemming from the change in leadership.
- Pre-tax profit was MSEK -28.7 (MSEK 32.7).
- Net profit was MSEK -20.6 (MSEK 26.1) or SEK -2.11 per share (SEK 2.66 per share) 1).
- Operating cash flow amounted to MSEK 67 (MSEK 19 together with property sales of MSEK 110).
1) There was no dilution during the given periods.
Elanders AB (publ)