Interim Report January - September 2002

23 October 2002


 
July-Sept
Jan-Sept
Jan-Dec
Oct-Sept
Key figures
2002
2001
2002
2001
2001
2001/02
Net sales, SEK m
2,300
2,301
7,251
5,840
8,283
9,694
Operating income before depreciation, SEK m (EBITDA)
246
246
769
583
821
1,007
Operating income before goodwill amortisation, SEK m (EBITA)
186
177
581
418
588
751
Operating income, SEK m (EBIT)
171
161
534
383
537
688
Operating margin, %
7.4
7.0
7.4
6.6
6.5
7.1
Income after financial items, SEK m
146
122
434
299
414
549
Earnings per share after full dilution, SEK
1.73
1.54
5.43
4.05
5.15
6.56
Return on capital employed, %        
15.5
17.0
Return on shareholders' equity, %        
16.2
16.5
 
Magnet has been consolidated with effect from May 2001.
 
  • Net sales up 24 per cent to SEK 7,251 million (5,840).
  • Operating margin increased to 7.4 per cent (6.6).
  • Income after financial items up 45 per cent to SEK 434 million (299).
  • Earnings per share after full dilution up 34 per cent to SEK 5.43 (4.05). For the twelve-month period the earnings per share amounted to SEK 6.56.
  • Continued profit improvement in the Nordic and UK operations.
  • Continued organic growth in the Nordic and UK operations.
  • Improved margins in the Continental European operation for the third quarter.
If you have any questions about this report, please contact:
Fredrik Cappelen, President and CEO, Lennart Rappe, Executive Vice President and CFO,
Katarina Sivander, Communications Manager, tel. +46 8 440 16 00
 
Financial information is also available on Nobia's website; www.nobia.se
 

About Us

Nobia develops and sells kitchen solutions through a number of strong brands in Europe, including Magnet in the UK; HTH, Norema, Sigdal, Invita and Marbodal in Scandinavia; Petra and A la Carte in Finland; as well as ewe, Intuo and FM in Austria and Bribus in the Netherlands. Nobia generates profitability by combining economies of scale with attractive kitchen offerings. The Group has approximately 6,100 employees and had net sales of about SEK 13 billion. The share is listed on Nasdaq Stockholm under the ticker NOBI. Website: www.nobia.com