Interim Report 1 January - 30 September 2004

Interim Report 1 January - 30 September 2004 Broström AB (publ) - Reg No 556005-1467 · Profit after financial items for January - September MSEK 243 (216) - Net sales MSEK 2,361 (2,497) - Net profit MSEK 383 (155) - Profit per share SEK 13.10 (5.34) - Return on capital employed 9.1 per cent (8.7) · Profit after financial items for Q3 MSEK 33 (31) - Net sales MSEK 742 (774) - Net profit MSEK 29 (20) - Profit per share SEK 0.98 (0.68) · Q3 followed the seasonable decline in the market and was also affected by bad weather conditions and drydockings. · The transport capacity increased by GEESTESTERN, 37,300 dwt, and IVER EAGLE, 47,000 dwt. · Disposable liquidity amounted to MSEK 826 (801 as at 31 December 2003). · Q4 has started with a strong freight market in all the Broström's segments. The increased requirements for quality and also the focus in the oil industry on the "just-in-time" concept with the consequent low oil stocks in Europe and in the USA are expected to contribute to further positive development for Broström. Broström is one of the leading logistics companies for the oil and chemical industry, focusing on industrial product and chemical tanker shipping and marine services. Broström is based all over the world and operates within two areas: Shipping and Marine & Logistics Services. Broström's head office is located in Göteborg, Sweden. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/10/29/20041028BIT21970/wkr0001.pdf Full report in pdf

About Us

Broström is one of the leading logistics companies for the oil and chemical industry, focusing on industrial product and chemical tanker shipping and marine services. Broström is based worldwide, with head offices in Göteborg, Sweden.

Subscribe

Documents & Links