Increased gross profit for the first half-year
Interim report January - June 2012RESULTS IN BRIEFThe interim period (January–June) · Net sales increased by 18 per cent to SEK 1,117 (944) m while gross profit increased by 21 per cent to SEK 672 (556) m with a larger property portfolio and milder winter. · Profit before tax was SEK 530 (592) m. Profit after tax was SEK –558 (509) m, or SEK –4.10 (3.70) per share. The profit decrease is mainly due to provisioning for tax costs and lower profits from Hemsö, which reported lower unrealised value changes on properties. · Cash flow from operating activities was SEK 242 (305) m.