Language:English Click to choose Language

Language:

Year-end report for 2008

Year-end report for 2008 and interim report for the fourth quarter.

  • Revenue for the fourth quarter improved by 3 per cent to SEK 1,625 M (1,572). At fixed exchange rates revenues fell by 7 per cent. Operating profit was SEK 233 M (386).
  • Profit for the fourth quarter was charged with one-time costs of SEK 60 M related to workforce reductions and production standstills.
  • Revenue for the full year improved by 6 per cent at fixed exchange rates to SEK 6,536 M (6,034). Operating profit was SEK 1,332 M (1,491), equal to an operating margin of 20.4 per cent (24.7).
  • Profit after tax for the full year was SEK 890 M (1,017). Earnings per share for the full year were SEK 6.12 (6.99), an increase of 12 per cent.
  • The Board proposes a regular dividend of SEK 3.20 per share (4.20).