Celsius Interim Report January-June 1999

CELSIUS INTERIM REPORT January - June 1999 * The restructure of the European defence industry continues at a high tempo. Celsius is working proactively to utilize the strong position represented by its several units. * Rationalization measures affecting some 400 employees within business area Defence have been implemented during the period. Furthermore, notice has been given to an additional group of employees, numbering slightly more than 300 persons. * Income after financial income/expenses amounted to SEK 78 M (270)1 for the first six months of the year. Income was positively affected by non-recurring items amounting to SEK 53 M (159). * Operating income for the first six months amounted to SEK 92 M (274). This includes non-recurring items amounting to SEK 53 M (159). * The level of orders received increased somewhat compared with the same period last year, amounting to SEK 4,917 M (4,863). ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/08/12/19990812BIT00240/bit0001.doc Hela rapporten http://www.bit.se/bitonline/1999/08/12/19990812BIT00240/bit0002.pdf Hela rapporten