Scribona raises profit forecast for 1998
Scribona raises profit forecast for 1998 Scribona's sales development during the fourth quarter was stronger than expected, particularly for PC products. The introduction of a new strategy and a new organization in the computer distribution division, Scribona Computer Products, has positively affected sales and above all the gross margin, and is contributing to a significant boost in income for the division. The Group's income after net financial items, excluding gains on the sale of units, for the full year 1998 is therefore expected to be in the range of MSEK 140-150 (86), compared with the previous forecast of around MSEK 120. Örjan Håkanson President and CEO For further information, please contact: Örjan Håkanson, President, tel: +46-8-734 35 76 Lennart Bernard, Head of Economy and Finance, tel: +46-8-734 36 91 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/12/11/19981211BIT00120/bit0001.doc http://www.bit.se/bitonline/1998/12/11/19981211BIT00120/bit0002.pdf