Mid-year report January-June 2002
Mid-year report January-June 2002 · Net sales for the first quarter totalled MSEK 1,632, up 35 per cent on the same period of last year. · Profit before tax is reported at MSEK 389, an increase of 7 per cent. · The spring flood, which was abundant but brief, has been followed by a period of low run-off resulting from warm and dry weather. Profit in electricity operations amounted to MSEK 251, on par with the preceding year. · The Finnish distribution company Kainuun Sähkö Oyj, in which Graninge has a 25.7 per cent holding, is consolidated as a subsidiary since year-end 2001 after Graninge