Interim report
Interim report January - September 1998 * Net turnover during the period amounted to MSEK 232.2, an increase of 29 percent (MSEK 179.7 for the same period last year). * The result after financial items amounted to MSEK -44.6 (MSEK -63.7 for the preceding year). * New members appointed to the Board of Directors. Mr Jan Freese is appointed new Chairman of the Board of Directors. * The Market Court restricts Sweden Post´s possibilities to differentiate its prices and held that the zone prices were intended to eliminate competition from CityMail. * Continued high rate of growth in sales. * Break-even was achieved for the months of August and September. * The operating profit margin, after depreciation in Stockholm, was more than 8% for the months of August and September. * The forecast result for the whole of 1998 is approximately MSEK - 40 (MSEK - 90 for 1997). * The company's costs are according to plan. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/11/13/19981113BIT00130/bit0001.doc http://www.bit.se/bitonline/1998/11/13/19981113BIT00130/bit0002.pdf