Interim report January - June 2009>
Interim report January - June 2009
(Thomson Reuters ONE) - Highlights Sharply improved result and firm order intake in second quarterSecond quarter * Turnover increased by 18% in the second quarter and amounted to SKr 510.2 million (433.3). The increase was largely attributable to acquisitions completed in 2008. * The operating result improved by 64% on the previous year and amounted to SKr 74.9 million (45.7). * The profit after tax amounted to SKr 55.1 million (9.1). * The Corrosion Protection and Marking Spray businesses were divested in the spring along with the remaining holdings in the parent company's Equities Portfolio. The divestments were one aspect of Geveko's strategy of streamlining and concentrating the business on horizontal road markings. * The capital tied up in the business at the end of the period was higher than normal as a consequence of late payments by some municipal authorities and national road authorities. * With a view to taking greater advantage of synergies within the Group, the business has been conducted since 1 May 2009 through three divisions: Contracting, Production and Material Sales.January-June * Net turnover increased by 12% and amounted to SKr 625.4 million (558.0). * The operating result, which is seasonally weak during the early months of the year, was a loss of SKr 32.6 million (loss 36.1). * The consolidated result after tax was a loss of SKr 31.0 million (loss 68.1). * The loss per share amounted to SKr 7.15 (loss 15.75)Forecast for year as a whole * Taking account of completed acquisitions and divestments, and robust market conditions, it is estimated that both turnover and result will increase in relation to the previous year. The operating result for 2008 amounted to SKr 24.3 million.Financial information 2009-2010Interim Report January-September 2009 28 October 2009Year-end communiqué 2009 4 March 2010Annual Report 2009 April 2010AGM 2010 26 April 2010Interim Report January-March 2010 26 April 2010Contact for informationHans Ljungkvist, President and CEOTelephone: +46 (0) 31 17 29 45Mobile: +46 (0) 705 37 11 10hans.ljungkvist(at)geveko.seAB GEVEKO (publ) Co. Reg. No. 556024-6844Box 2137, S-403 13 Göteborg, Sweden. Telephone +46 (0) 31 17 29 45,info(at)geveko.se, www.geveko.seThe full report with tables can be downloaded from the followinglink:http://hugin.info/1075/R/1329840/314098.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
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" alt="Annual Information Update>">Datum: 20.07.2009 - 15:24 Uhr
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