Impairment Loss Requires Focus on Productivity
LKAB´s Board has decided to recognise impairment losses of MSEK 7,136 before tax in respect of property, plant and equipment. The impairment losses cover LKAB’s iron ore operations, including logistics and ports. Cash flow is unaffected by the impairment.JULY – SEPTEMBER ·Net sales totalled MSEK 4,203 (4,991) ·Underlying operating profit (note 1) was MSEK 798 (1,074) ·Impairment loss on property, plant and equipment had a negative effect on operating profit of MSEK 7,136 ·Operating loss was MSEK -6,951 (-1,164) ·Loss for the period was MSEK -5,641 (-979)
