Avesta Sheffield AB - Interim Report for April - September 1999
Avesta Sheffield AB - Interim Report for April - September 1999 The Avesta Sheffield AB (publ) financial year is from 1 April - 31 March The result after financial items for the second quarter was a profit of SEK 37 million (@191m) and for the half year a profit of SEK 96 million (@515m). This corresponds to an earnings per share after full tax of SEK 0.20 (@ 1.31) and SEK 0.41 (@3.30) respectively. The half-year result benefited from cost reductions of SEK 380 million compared with the first half of last year. Cost reductions during the last two years have totalled over 1.5bn SEK.