INTERIM REPORT 1 JANUARY - 30 JUNE 2004 Broström AB (publ) - Reg No 556005-1467
INTERIM REPORT 1 JANUARY - 30 JUNE 2004 Broström AB (publ) - Reg No 556005-1467 · Profit after financial items for the first six months MSEK 210 (185) - Net sales MSEK 1,619 (1,722) - Net profit MSEK 354 (135) - Profit per share SEK 12.12 (4.66) - Return on capital employed 11.1 per cent (10.4) · Profit after financial items for Q2 MSEK 90 (70) - Net sales MSEK 813 (812) - Net profit MSEK 257 (58) - Profit per share SEK 8.77 (1.99) · Tonnage tax introduced in France has had a positive impact on the net profit of MSEK 181. · Disposable liquidity amounted to MSEK 753 (801 as at 31 December 2003). · Continued strong freight market during the second quarter. · Transport capacity increased. · The increased requirements for quality and the focus in the oil industry on the "just-in-time" concept with the consequent low oil stocks in Europe and in the USA are expected to contribute to further positive development for Broström. Broström is one of the leading logistics companies for the oil and chemical industry, focusing on industrial product and chemical tanker shipping and marine services. Broström is based all over the world and operates within two areas: Shipping and Marine & Logistics Services. Broström's head office is located in Göteborg, Sweden. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/08/25/20040824BIT21650/wkr0001.pdf Full report in pdf