Nobia Interim Report January-March 2005
| | Jan.-Mar. | Jan.-Dec. | Apr.-Mar. | |
| Key figures | 2005 | 2004 | 2004 | 2004/05 |
| Net sales, SEK m | 2,854 | 2,813 | 11,337 | 11,378 |
| Operating profit before depreciation, SEK m (EBITDA) | 268 | 281 | 1,212 | 1,199 |
| Operating profit, SEK m (EBIT) | 193 | 212 | 930 | 911 |
| Operating margin, % | 6.8 | 7.5 | 8.2 | 8.0 |
| Profit after financial items, SEK m | 173 | 188 | 840 | 825 |
| Profit after tax, SEK m | 125 | 134 | 592 | 583 |
| Earnings per share, after dilution, SEK | 2.15 | 2.32 | 10.23 | 10.07 |
| Return on capital employed, % | | | 23.1 | 21.6 |
| Return on equity, % | | | 25.7 | 23.5 |
First quarter 2005 compared to first quarter 2004
* Net sales rose to SEK 2,854 million (2,813)
* Continued strong growth in the Nordic region and falling sales in the UK
* Sales adjusted for exchange rate effects and comparable units fell by 1 per cent
* The operating profit (EBIT) fell to SEK 193 million (212)
* The operating margin was 6.8 per cent (7.5)
* The profit after financial items fell to SEK 173 million (188)
* The profit after tax was SEK 125 million (134)
* Earnings per share after dilution fell by 7 per cent to SEK 2.15 (2.32)
* Integration of EWE-FM is proceeding according to plan
* Integration of EWE-FM is proceeding according to plan
* Further cost-cutting actions are being implemented in the UK business
For further information about this report, please contact:
Fredrik Cappelen, President and CEO, Jan Johansson, CFO,
Johanna Berggren, Acting Communications Manager, Tel. + 46 8 440 16 00
Financial information is also available at: www.nobia.se
Stockholm 27 April 2005
Fredrik Cappelen
President and CEO
Nobia AB, corporate reg. no. 556528-2752.
This report has not been verified by the company's auditors.
The Q2 interim report will be submitted on 19 July 2005.