Ekornes: Christmas 2012

Ekornes: Christmas 2012

ID: 215265

(Thomson Reuters ONE) -


The Ekornes Group's factories in Norway will close for the Christmas holidays as
from 21.12.2012 and will reopen on January 2. The traditional company Christmas
lunch will be held at the company's main plant in Sykkylven today, 21.12.12, at
which there will also be a brief presentation of the year 2012.

The turnover for 2012 is estimated to end at approx. NOK 2.75 billion, (2.76
billion in 2011).

The estimates indicate that the employee bonus will amount to 32% of a monthly
salary. This bonus level is based on the operating margin before bonuses to be
in the range of 13-15 % of the turnover.

The company's intake of orders is somewhat lower than last year. We estimate the
order intake in fourth quarter to be NOK 780 mill., which is around 3% lower
than last year (in fixed exchange rates). Order backlog as at the end of the
year is estimated to amount to NOK 300 million, which is approx. NOK 20 million
lower than last year.

It should be noted that the final figures will depend on the consolidation rates
(exchange rates), deliveries from the company's warehouses in the USA and Japan
until 31.12.12, and the order intake during the last few days of the year.


Ikornnes, 21.12.2012

Ekornes ASA/ Nils-Fredrik Drabløs (CEO).

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ekornes via Thomson Reuters ONE
[HUG#1667012]








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Datum: 21.12.2012 - 11:51 Uhr
Sprache: Deutsch
News-ID 215265
Anzahl Zeichen: 2086

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