Interim report for New Wave Group AB (publ) Q3 | January–September 2006
– Sales increased by 21 % to SEK 2 452 (2 029) M.
– Thereof acquired units contributed by SEK 245 M. This gives an organic growth of 9 %.
– The result after net finance improved by SEK 11.7 M to SEK 134.1 (122.4) M.
– The result after tax improved to SEK 100.8 (93.6) M and profit per share improved to SEK 1.55 (1.46).
– Cost for new establishments amounted to SEK 33.6 M, including cost for establishments around Orrefors Kosta Boda.
– Acquired units burdened the results after net financial items to the second quarter inclusive with SEK 21.3 M. The third quarter has not been affected by acquired units.
– The Corporate Profiling business area’s sales increased by 11 % to SEK 1 484 (1 335) M. Profit on EBITDA-level increased by SEK 24.7 M to SEK 172.6 (147.9) M.
– The Retailing business area’s sales increased by 39 % to SEK 968 (694) M. Profit on EBITDA-level increased by SEK 3.1 to SEK 32.6 (29.5) M.
– Third quarter sales increased by 3.4 % to SEK 800 (774) M and profit after net financial items decreased by SEK 8.5 M to SEK 47.9 (56.4) M.
– New Wave’s previous forecast, with sales and results for 2006 expected to exceed the preceding year, remains.
FOR MORE INFORMATION,
PLEASE CONTACT:
CEO Torsten Jansson
Phone: +46 (0) 708 99 80 50, +46 (0) 303 24 65 01
E-mail: torsten.jansson@nwg.se
dCEO Göran Härstedt
Phone: +46 (0) 708 99 80 17, +46 (0) 303 24 65 02
E-mail: goran.harstedt@nwg.se
CFO, Krister Magnusson
Phone: +46 (0) 708 99 80 21, +46 (0) 303 24 65 11
E-mail: krister.magnusson@nwg.se