Interim Report for New Wave Group AB (publ) Q1 January–March 2007
Fine profit growth as well as good cash flow.THE PERIOD 1 JANUARY – 31 MARCH 2007 COMPARED TO THE PRECEDING YEAR.– Sales increased by 1 % to SEK 760 (755) M.– The result after net finance improved by SEK 14.7 M to SEK 11.8 (-2.9) M.– The result after tax improved by SEK 10.8 M to SEK 8.7 (-2.1) M and profit per share improved to SEK 0.13 (-0.04).– Acquired units burdened the results after net financial items by SEK 9.4 M.ACQUISITION AFTER PERIOD’S END– On 13 April an agreement was made on the acquisition of Cutter & Buck Inc, a leading actor on the market for exclusive golfing