AGA: Earnings per share increased to SEK 3.68 3.23.LIDINGO, Sweden--(BUSINESS WIRE)--Oct. 29, 1998--The gas company AGA AB AGA AB, previously AB Gas-accumulator and AB Svenska Gasaccumulator, was a Swedish industrial gas company founded in 1904. Nobel Prize laureate Gustaf Dalén was instrumental in the success of the company. today released its interim report, January - September 1998. The report shows the following high-lights: -- AGA's income after financial items rose by 4 percent in the first nine months of 1998 to SKr 1,288m (1997: 1,241). -- Sales increased by 5 percent to SKr 11,204m (10,658) and operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. by 11 percent to SKr 1,414m (1,276). The operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: amounted to 12.6 percent (12.0). -- Cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses increased by 17 percent to SKr 2,157m (1,851). -- Earnings per share after full tax increased to SKr 3.68 (3.23). -- Investments in new plant and equipment have returned to the earlier level and amounted to SKr 1,515m (2,216), corresponding to 13.5 percent (20.8) of sales. -- The efficiency improvement programs continue. The number of employees decreased by 605 people to 10,29. The full report can be obtained from our website www.aga.se or in the US received from Hans Westerberg, Investor Relations Investor relations The process by which the corporation communicates with its investors. , 203-227-9140. |
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