Scribona raises profit forecast for 1998

Scribona raises profit forecast for 1998 Scribona's sales development during the fourth quarter was stronger than expected, particularly for PC products. The introduction of a new strategy and a new organization in the computer distribution division, Scribona Computer Products, has positively affected sales and above all the gross margin, and is contributing to a significant boost in income for the division. The Group's income after net financial items, excluding gains on the sale of units, for the full year 1998 is therefore expected to be in the range of MSEK 140-150 (86), compared with the previous forecast of around MSEK 120. Örjan Håkanson President and CEO For further information, please contact: Örjan Håkanson, President, tel: +46-8-734 35 76 Lennart Bernard, Head of Economy and Finance, tel: +46-8-734 36 91 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/12/11/19981211BIT00120/bit0001.doc http://www.bit.se/bitonline/1998/12/11/19981211BIT00120/bit0002.pdf

About Us

Catella is a leading specialist in property investments, fund management and banking, with operations in 12 European countries. The group has sales of approximately SEK 2 billion and manages assets of approximately SEK 150 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.

Subscribe