AarhusKarlshamn: AAK Summarised Financial Statement, 2008.STOCKHOLM, Sweden -- Regulatory News: The Group CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. comments "The Group result for 2008 ended at SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 851 million (653). Increased volumes and margins for Chocolate and Confectionery confectionery, delicacies or sweetmeats that have sugar as a principal ingredient, combined with coloring matter and flavoring and often with fruit or nuts. In the United States it is usually called candy, in Great Britain, sweets or boiled sweets. Fats and Food Ingredients, and positive developments in the most recent acquisitions within Food Ingredients are the main contributors to this improvement," says Group CEO Jerker Hartwall in his comments to the report. Fourth quarter 2008 * Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight were up 28 percent, SEK 4,764 million (3,709). * Operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. , was up 19 percent, SEK 212 million (178), of which insurance compensation received of SEK 41 million has been recognised as income during the fourth quarter related to the December 2007 incident in Aarhus, Denmark. * Earnings per share was SEK 4.54 (2.03), including the IAS See iPlanet Application Server. 1. (computer) IAS - The first modern computer. It had main registers, processing circuits, information paths within the central processing unit, and used Von Neumann's fetch-execute cycle. adjustment and non recurring items earnings per share was SEK -1.58 (4.04) Full year * Net sales were up 32 percent, SEK 17,207 million (13,005). * Operating profit, was up 30 percent to SEK 851 million (653) including received insurance compensation of SEK 304 million. Included in the SEK 851 million above, is SEK 47 million related to the December 2007 insurance claim which was recognised as income during the first quarter. This amount (SEK 47 million) is non recurring. * Earnings per share was SEK 10.80 (8.53), including the IAS 39 adjustment and non recurring items earnings per share was SEK 0.04 (7.67) * Proposed dividend of SEK 4.00 (4.00) per share This information was brought to you by Cision http://www.cisionwire.com |
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