Interim report January – September 2008

04 November 2008 08:00

1 July – 30 September
• Revenues increased by 5 per cent to SEK 658 M (626). Taking into account positive currency effects and more workdays during the quarter, revenues increased by 3 per cent.

• EBIT amounted to SEK 79 M (78) and the EBIT margin to 12 per cent (12).

• Profit after financial items amounted to SEK 81 M (215). Income after financial items in the preceding year included capital gains of SEK 133 M from the sale of the Group’s property portfolio.

• Profit after tax amounted to SEK 58 M (187) and earnings per share before and after dilution amounted to SEK 1.79 (5.94). Adjusted for the property transaction, profit after tax amounted to SEK 56 M in the preceding year.

• A new store concept was launched. It is estimated that project expenses of SEK 14 M will be charged against the operating profit per quarter from the fourth quarter 2008 through 2009. A positive earnings effect is expected from 2010, with two years’ repayment.


1 January – 30 September
• Revenues increased by 5 per cent to SEK 1,999 M (1,897). Taking into account positive currency effects and the number of working days, revenues increased by 4 per cent.

• EBIT amounted to SEK 205 M (207) and the EBIT margin to 10 per cent (11).

• Profit after financial items amounted to SEK 212 M (350). Adjusted for the property transaction, profit after financial items amounted to SEK 217 M in the preceding year.

• Profit after tax amounted to SEK 153 M (283). Adjusted for the property transaction, profit amounted to SEK 152 M in the preceding year.

• Earnings per share before and after dilution amounted to SEK 4.71 (8.90).