Press release 1 december 1998 to 30 november 1999
PRESS RELEASE 1 December 1998 to 30 November 1999 Group turnover amounted to SEK 32,977 M (SEK 26,650 M), an increase of 24 per cent compared with the previous year Same store sales increased in all markets Profit before tax was SEK 4,759 M (SEK 3,468 M), an increase of 37 per cent. Adjusted by a one-time expenditure for a millennium bonus to the employees of SEK 94 M, the result increased by 40 per cent and amounted to SEK 4,853 M. The last quarter of the financial year has also been charged with start-up costs of SEK 48 M (SEK 13 M), of which SEK 25 M for the operations in Spain and USA,