Semcon Statements of accounts 1999

Statements of accounts 1999 Another strong year for Semcon! @ Turnover increased by 22 percent to SEK 863.5 million (708.9), the largest increase being within business areas e-Design and Competence Development @ Operating profit amounted to SEK 84.4 million (81.9) @ Continuing strong margin of 9.8 percent (11.6) @ Earnings per share amounted to SEK 3.38 (3.44) @ The Board proposes a dividend of SEK 1.40 per share (1.40) @ The number of staff has continued to grow by 187, making a total of 1266 (1079). High-light events during the accounting year @ A partnership with Volvo Cars within the area Technical Information and interactive driver information led to the setting up of Semcon Informatic AB @ Long-term agreements were signed with Ericsson, AstraZeneca, Telia and Tetra Pak @ Semcon established branches in Norway and Denmark @ Five new departments were opened during the year, mostly within e-Design and Competence Development @ Acquisition of the consultancy firm Extern Engineering AB and a specialist company within technological cleanliness, Garnbratt Consulting AB @ Akzo Nobel outsourced its maintenance activity and Semcon was chosen as consultancy supplier @ Semcon Competence Development was chosen as principal supplier of IT training courses to Saab Automobile AB @ Semcons part of SPP's surplus amounts according to a message SEK 18,9 million High-light events after the end of the accounting year @ Semcon's future strategy has now been determined, which means a clearer focus on activity and a clearer definition of Semcon's business areas. Semcon is now concentrating its competence and resources within the Group on the four business areas: Semcon Technology Management, Semcon e-Design, Semcon Industrial Design and Semcon Competence Development @ Semcon signed a Letter of Intent with Volvo Car Corporation Components and Volvo Technology Transfer @ All companies within the Semcon group are now appointed Preferred Supplier to Ericsson @ A new office was established in Malmö ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/08/20000208BIT00580/bit0001.doc The full report http://www.bit.se/bitonline/2000/02/08/20000208BIT00580/bit0002.pdf The full report