Report January 2001 HL Display AB (publ)

Report January 2001 HL Display AB (publ) · Sales for January increased by 36.6% to SEK 70.3 m (51.5) compared to corresponding period 2000. · Profit before tax for the month amounted to SEK 0.1 m (0.5). January 2001 in brief The consolidated sales for the period increased by 36.6% to SEK 70.3 m (51.5). During the last weeks of 2000, sales decreased sharply. The Christmas period is traditionally slower for HL Display, and particularly so as for year-end 2000. The sales decrease in December has most likely created an increased demand, that we now have seen the results of in January. The period's profit before tax was SEK 0.1 m (0.5). Sales as well as profits exceeded our expectations for the month. The world market prices for the Group's primary raw material, PVC, reached during 2000 the highest levels since 1988. Since July 2000, however, prices have been falling and the price in January was lower than at the beginning of 2000. The result effect of this is expected to increase successively, but was marginal for January 2001. The period's net investments in fixed assets amounted to SEK 4.2 m (4.1). Key figures for the Group 1) SEK (000s) 1 1 1 12 12 12 Full month month month months months months year Jan Jan Jan Feb Feb Feb 2000 2001 2000 1999 2000 - 1999 - 1998 - Jan Jan Jan 2001 2000 1999 Net sales 70 312 51 469 46 200 892 773 652 873 764 720 990 921 Operating profit 1 343 206 -285 48 868 55 892 64 184 47 731 Profit before tax 89 479 -4 478 43 705 52 082 62 204 44 095 Profit margin, % 0.1 0.9 -9.7 4.9 6.7 9.5 5.0 Equity/assets ratio, % 47.4 52.1 51.5 47.4 52.1 51.5 47.6 Investments, SEK m 4.2 4.1 9.9 58.2 62.1 70.7 58.1 Return on capital, % - - - 11.2 14.3 19.9 11.0 Return on shareholders' - - - 11.5 18.4 21.4 11.6 equity, % Shareholders' equity per - - - 31.08 28.94 25.25 31.07 share, SEK Earnings per share after - - - 4.09 4.88 5.82 4.13 standard tax, SEK Earnings per share after - - - 3.44 4.99 5.03 3.48 full tax, SEK 1) For definitions, see the Annual report Stockholm 15.02.2001 pibNameG:\Ek\Koncernen\Bokslut\9806\NAME_AR.GIFpibFlags2fLine0 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/02/15/20010215BIT01060/bit0002.doc The full report http://www.bit.se/bitonline/2001/02/15/20010215BIT01060/bit0002.pdf The full report