Year-end release January - December 2003



October-December
January-December
Key Figures
2003
2002
2003
2002
Net sales, SEK m
2 377
2 343
9 273
9 594
Operating income before depreciation, SEK m (EBITDA)
252
267
872
1 036
Operating income before goodwill amortisation, SEK m (EBITA)
185
207
625
788
Operating income, SEK m (EBIT)
168
191
565
725
Operating income before goodwill amortisation, % (EBITA)
7.8
8.8
6.7
8.2
Operating margin, %
7.1
8.2
6.1
7.6
Income after financial items, SEK m
152
172
500
606
Income after tax, SEK m
106
120
338
408
Earnings per share, after full dilution, SEK
1.83
2.08
5.84
7.53
Return on capital employed, %    
14.6
17.9
Return on shareholders' equity, %    
13.0
18.7
 
 
  • The Board proposes a dividend of SEK 2.25/share (2.25)
  • Net sales amounted to SEK 9,273 million (9,594)
  • Organic growth of 3% for the Group
  • Income after financial items amounted to SEK 500 million (606)
  • Income after tax amounted to SEK 338 million (408)
  • Earnings per share after full dilution SEK 5.84 (7.53)
  • EBITA margin, excluding close-down costs for the Goldreif business unit, amounted to 7.8% (8.2)
  • In December 2003 Nobia acquired Gower, one of UK's leading suppliers of flat pack kitchens.
 
 
If you have any questions about this report, please contact:
Fredrik Cappelen, President and CEO, Lennart Rappe, Vice President and CFO, Katarina Sivander, Communications Manager, tel. +46 (0)8 440 16 00
 
Financial information is also available on Nobia's website: www.nobia.se
 
The full report including tables can be downloaded from the following link.

About Us

Nobia develops and sells kitchen solutions through a number of strong brands in Europe, including Magnet in the UK; HTH, Norema, Sigdal, Invita and Marbodal in Scandinavia; Petra and A la Carte in Finland; as well as ewe, Intuo and FM in Austria. Nobia generates profitability by combining economies of scale with attractive kitchen offerings. The Group has approximately 6,100 employees and had net sales of about SEK 13 billion. The share is listed on Nasdaq Stockholm under the ticker NOBI. Website: www.nobia.com