Quarterly information HL Display Group January-March 2011
(Thomson Reuters ONE) -
· Net sales for January - March increased by 2 percent to MSEK 415
(406). Adjusted for currencies, sales increased by 11 percent.
· Non-recurring costs amounted to MSEK 3 (3) for the first quarter.
· Operating profit was MSEK 21 (28). Profit before tax amounted to MSEK
12 (21) and net profit to MSEK 9 (14). Currencies affected the result negatively
by 9 MSEK.
· The EBITA margin for the period was 5.2 (7.0) percent.
For the full press release see enclosed file (pdf).
Ratos has through HL Display Holding AB (previously HL Förvaltning i Stockholm
AB) acquired the shares in HL Display AB (publ) in August 2010. At September
17, 2010 the shares were delisted from Nasdaq OMX.
This press release presents financial information for the HL Display Holding
Group. Comparative data for 2010 is reported pro forma and refers to those
previously reported by HL Display AB Group), but restated as if the acquisition
of HL Display with related refinancing had instead been made at the beginning of
2010. This means that the presented financial information for 2010 refers to
the actual outcome for three months for the HL Display Group, with the addition
that financial costs have been increased by an extrapolated interest charge. HL
Display applies IFRS. This press release has not been prepared in accordance
with IAS 34 Interim Financial Reporting.
HL Display Q1 2011:
http://hugin.info/1092/R/1513176/448936.pdf
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: HL Display via Thomson Reuters ONE
[HUG#1513176]
Unternehmensinformation / Kurzprofil:
Datum: 06.05.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 54351
Anzahl Zeichen: 2212
contact information:
Town:
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Kategorie:
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