AarhusKarlshamn AB (publ) Interim report: January - June 2006.STOCKHOLM, Sweden -- AarhusKarlshamn AB (STO:KAB kab n. Variant of cab2. ): --Net sales totalled 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. 5,396 (5,252) million. --The 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. , excluding the impact of 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. 39 and excluding non recurring items of SEK 107 million, amounted to SEK 220 (236) million. --During 2005 the profit from subcontracting in Chocolate & 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 amounted to SEK 60 million for the full year and SEK 30 million for the first six months. This business discontinued at the end of 2005. --The operating profit after adjustment for IAS 39 was SEK 124 million. --The profit after tax amounted to SEK 60 million. --Earnings per share were SEK 1.48. "We see an increased share of speciality products and improved gross contribution per tonne. The merger continues as planned. Total positive synergies will increase from earlier communicated SEK 150 million to SEK 175 million. The synergies will have full impact from the fourth quarter 2007 and full year impact on 2008. The total non-recurring costs during 2005 and 2006 are estimated at approximately SEK 250 million. The possibility of additional synergies through cost improvements in a second wave of restructuring is promising", says 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. , Jerker Hartwall in a comment to the report. Interim report for the period April-June 2006(a) --Net sales totalled SEK 2,599 (2,770) million. Gross contribution per tonne has improved gradually following the specialisation strategy but sales have decreased mainly due to the strategic change in the product mix and a temporary shortage of shea nuts. --The operating profit, excluding the impact of IAS 39 and excluding non recurring item of SEK 102 million, amounted to SEK 101 (117) million. Higher energy costs of SEK 10 million (net) has affected the result in the second quarter. --During 2005 the profit from subcontracting in Chocolate & Confectionery Fats amounted to SEK 60 million for the full year and SEK 20 million for the second quarter. This business discontinued at the end of 2005. --The operating profit after adjustment for IAS 39 amounted to SEK -2 million. --Loss after tax was SEK 6 million. (a) Comparable figures in brackets refer to 2005 pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma . This information was brought to you by Waymaker http://www.waymaker.net |
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