Fagerhult: Interim Report January - September 2006.STOCKHOLM, Sweden -- Fagerhult (STO STO Store (calculator function) STO Société de Transport de l'Outaouais (French) STO Strategic Technology Office (DARPA) STO Security Through Obscurity STO Service to Others :FAG): * 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 - MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 1,566 (1,228) * Income after financial items - MSEK 68.1 (80.6) * Income after taxes - MSEK 47.7 (56.4) * Earnings per share - 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. 3.77 (4.51) * Order intake - MSEK 1,595 (1,262) Comments from 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. Per Borgvall: - Good 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. during the third quarter, resulting in a certain extent of recovery - Continued strong growth, 27% - The negative trend within the Retail Lighting business area has been turned - Retail lighting products are now being marketed under the name Fagerhult Retail, previously LampGustaf - The business in China, where break-even was achieved in June, continues to develop positively - Earnings forecast of approx MSEK 100 before tax and possible one-off costs. The Fagerhult Group with approximately 1,600 employees is the largest lighting group in the Nordic region and a leading force in Europe. We develop, manufacture and market professional lighting systems for public environments as well as offering a range of decorative lighting. The group has sales companies in Sweden, Norway, Denmark, Finland, United Kingdom, the Netherlands, Germany, Estonia, Russia and China. Production facilities are located in Habo, EurnskEldsvik, Varberg, Falkenberg, BorENs and Eahus in Sweden, Manchester in England and in Suzhou, China. The group, which includes Fagerhults Belysning, Atelje Lyktan, Belid, Fagerhult Retail, LampGustaf interior, Elenco and Whitecroft Lighting, has a turnover of SEK 2,000 million. AB Fagerhult is quoted on the Nordic Exchange in Stockholm, Mid Cap-list. This information was brought to you by Waymaker http://www.waymaker.net |
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