eng

Interim Report 2007 1 January - 30 September

10/25/2007 8:00 AM

Financial results for the third quarter
  • The market value of the Group's securities in Major Listed Holdings decreased by SEK 247 million to SEK 44,520 million.
  • Korsnäs' revenue amounted to SEK 1,769 million (1,806).
  • Operating profit for Korsnäs increased to SEK 318 million (300).
  • The Group's total revenue amounted to SEK 1,806 million (1,831) and operating profit was SEK 313 million (299).
  • Net result after tax, including changes in fair value of financial assets, amounted to a loss of SEK 89 million (loss of 1,335).
  • The loss per share was SEK 0.34 (loss of 5.06).
Financial results for the first nine months of the year
  • The market value of the Group's securities in Major Listed Holdings increased by 23% to SEK 44,520 million.
  • Korsnäs' revenue increased by 5% to SEK 5,698 million (SEK 5,412 million pro forma including Frövi).
  • Operating profit for Korsnäs increased to SEK 825 million (SEK 787 million pro forma).
  • The Group's total revenue amounted to SEK 5,800 million (4,538) and operating profit was SEK 865 million (602).
  • Profit after tax, including changes in fair value of financial assets, amounted to SEK 9,141 million (2,357).
  • The profit per share was SEK 34.63 (8.92).
Events during the third quarter
  • The Group increased its ownership in Black Earth Farming from 22% to 25%.
  • The Group invested USD 14 million in the African company Bayport.