Quarterly Report from ProfilGruppen AB (publ), January - September 2006.STOCKHOLM, Sweden -- * ProfilGruppen AB (STO:PROFB) has acquired 18 per cent shareholding in the German company PWG PWG Pro Wrestling Guerrilla (Los Angeles, California, USA) PWG Permanent Working Group PWG Project Working Group PWG Peoples War Group (India) PWG Post Weaning Gain PWG Pedalwertgeber , the leading supplier in Europe of aluminium guides for sunroof systems to the automotive industry * Net turnover amounted to 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. 794.7 million (682.8), an increase by 16 per cent * 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. improved to SEK 40.0 million (31.0), corresponding to an operating margin of 5.0 per cent (4.5) * Profit after tax increased by 42 per cent to SEK 25.8 million (18.2) * Profit per share improved by 44 per cent to SEK 4.41 (3.05) Nils Arthur, ProfilGruppen[sup.3]s President and 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. , says: "As a whole I'm satisfied with the development of the period and especially that we have strengthened the margins. However, the deliveries and the result for the third quarter, become lower than expected due to temporary disturbances in deliveries. During October we acquired 18 per cent of the German company PWG, the leading supplier in Europe of aluminium guides for sunroof systems to the automotive industry and this acquisition is an important step in our strategy for a further internationalization The support for monetary values, time and date for countries around the world. It also embraces the use of native characters and symbols in the different alphabets. See localization, i18n, Unicode and IDN. internationalization - internationalisation . The cooperation with PWG will give us valuable technical knowledge and, not least, potential for increased volumes." This information was brought to you by Waymaker http://www.waymaker.net |
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