Q4 AND YEAR-END REPORT, 1 May 2008–30 April 2009

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(SEK million) Fourth quarter, February–April 2009 •Net sales declined slightly, to SEK 792 million (796), or 0.5 percent •Operating profit (EBIT) decreased 70 percent, to SEK 25 million (83 The operating margin was 3.1 percent (10.4) •Profit after tax dropped 73 percent, to SEK 13 million (50) •Earnings per share equalled SEK 0.25 (0.94) •Cash flows from operating activities totalled SEK 50.8 million (74.2) 12 months, May 2008–April 2009 •Net sales rose 8 percent, to SEK 3,333 million (3,092) •Operating profit (EBIT) declined 15 percent, to SEK 341 million (403 The operating margin was 10.2 percent (13.0) •Profit after tax declined 4 percent, to SEK 238 million (248) •Earnings per share equalled SEK 4.53 (4.69) •Cash flows from operating activities totalled SEK 297.0 million (218.3) •Return on capital employed was 21.3 percent (25.8) •The Board of Directors proposes a dividend of SEK 0.75 (1.50) per share Significant events during the financial year •Agreement was reached to acquire Energo Plus in Slovenia •Megcool Industries in Malaysia was acquired in May and moved to new, larger premises •Emerson Ventilation Products of the United States was acquired in May •A new assembly plant and warehouse facility was dedicated in India •Order received for 328 tunnel fans for an Italian motorway, value more than SEK 30 million •Breakthrough order received in India for fire gas fans for Delhi’s new international airport Order value about SEK 5 million.

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