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DOMETIC INTERNATIONAL AB Interim report January - September 2004

DOMETIC INTERNATIONAL AB Interim report January - September 2004 · Net sales increased by 14.1 percent to 5 497 MSEK (4 818). The organic growth, adjusted for currency effects, was 11.6 percent · Net income for the period amounted to 249 MSEK (210), which corresponds to earnings per share before dilution of 10.45 SEK (8.81) · Operating profit before goodwill amortization (EBITA) increased by 13.4 percent to 899 MSEK (793), which corresponds to an operating margin before goodwill amortizations of 16.4 percent (16.5) · Cash flow from operating activities amounted to 411 MSEK (475) ·

Dometic acquires Spanish Oyster Electronics

Dometic acquires Spanish Oyster Electronics Dometic acquires Oyster Electronics S.L., a Spanish manufacturer of hotel safes. Dometic thereby continues to strengthen its position as supplier to the hotel industry. - Oyster is an important step in strengthening our position on the hotel market. There is an increasing demand for products that make business and leisure travel easier and more comfortable. Safes have together with our miniBar become the established standard in better hotels all over the world, says Lars Johansson, President and CEO of the Dometic Group. In 1973 Dometic introduced

Dometic acquires American air conditioning manufacturer

Dometic acquires American air conditioning manufacturer Dometic acquires Polar Bay LLC, an American manufacturer of air conditioning systems for the marine industry. Dometic thereby continues to strengthen its position as the world-leading supplier of comfort products for the mobile leisure industry. - Polar Bay is a great complement to Dometic's offering to the growing marine industry. The marine market is a very interesting segment of the leisure industry as a whole. Just like in the recreation vehicle industry, the demand for comfort in boats is growing in line with the economic

Interim report Januari-June 2004

Interim report Januari-June 2004 - Net sales increased by 19.3 percent to 3 785 MSEK (3 173). The organic growth, adjusted for currency effects was 14.3 percent. - Operating profit before goodwill amortization (EBITA) increased by 19.8 percent to 624 MSEK (521), which corresponds to an operating margin before goodwill amortizations of 16.5 percent (16.4). - Net income for the period amounted to 185 MSEK (124), which corresponds to earnings per share before dilution of 7.76 SEK (5.20). - Cash flow from operating activities amounted to 400 MSEK (160). - Continued good development of sales in

Dometic refinances its loan facilities - by new SEK 4,750,000,000 facilities

Dometic refinances its loan facilities - by new SEK 4,750,000,000 facilities Dometic has obtained and utilized new 5 year bank facilities of SEK 4,750,000,000. The term loan and available own cash have been used to repay the acquisition loans signed in conjunction with EQT's buy-out of Dometic from Electrolux. Dometic's positive development has made it possible to change over to so called cross-over financing which will significantly reduce future interest costs. The new facilities have been arranged with Mizuho, Nordea and Svenska Handelsbanken. A limited syndication will be arranged

Anders Almqvist appointed new CTO in the Dometic Group

Anders Almqvist appointed new CTO in the Dometic Group Anders Almqvist has been appointed new Executive Vice President of Technology and Production (CTO) and member of Group management of Dometic. Anders Almqvist succeeds Lars Johansson who was appointed President and CEO of the Dometic Group in April this year. Anders is currently Managing Director of Dometic's production facility in Krautheim Germany and has been with the Group since 1979. "I'm very happy to announce that Anders has agreed to become our new CTO. Anders combines a thorough understanding of our business with broad

Dometic withdraws proposed IPO

Dometic withdraws proposed IPO Dometic and EQT Northern Europe announce today that they have decided to withdraw the proposed Initial Public Offering ("IPO") of shares in Dometic. Although the shares on offer were more than fully covered by indicated investor demand within the price range, demand from IPO investors was not found to be sufficient to ensure a successful post-IPO market for the shares. Dometic continues to perform well with excellent prospects and EQT Northern Europe is committed to participate in the future development of Dometic as principal shareholder. För ytterligare

Dometic Acquires the World's Leading Manufacturer of Air conditioners for the Pleasure Boat Industry

Dometic Acquires the World's Leading Manufacturer of Air conditioners for the Pleasure Boat Industry Dometic, leading system supplier to the international recreation vehicle and pleasure boat industries, acquires American Taylor Made Environmental (TME), the world's leading manufacturer of air conditioners for pleasure boats. TME further strengthens Dometic's position in the pleasure boat industry. "The TME acquisition is an important step in strengthening our position in the pleasure boat industry, a very attractive segment of the leisure and recreation industries," says Dr. Sven Stork,

Dometic acquires German light system manufacturer, further strengthening the Group's leading position

Dometic acquires German light system manufacturer, further strengthening the Group's leading position Dometic, the world's leading system supplier to the recreational vehicle and pleasure boat industry, acquires the assets in MIKO Leuchten GmbH, Germany's main light systems manufacturer for recreational vehicles. MIKO further strengthens Dometic's leading position. MIKO Leuchten is Germany's leading manufacturer of customized interior lighting systems to the German recreational vehicle (RV) industry, mainly comprising motorhomes and caravans. "Interior lighting is an exciting complement to

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