Year-end report 2009
2/19/2010 1:59 AM EST
"Sales picked up in the fourth quarter and the cost-cutting measures we initiated last spring have had a visible impact on costs. All in all, this resulted in a strong end to 2009," says Bong’s President and CEO Anders Davidsson. "We also continued our efforts to free up working capital, which contributed to a very healthy cash flow for the full year."
October-December 2009
• Net sales of SEK 513 million (508)
• ProPac sales of SEK 83 million (81)
• Operating profit of SEK 31 million (20)
• Profit after tax of SEK 17 million (-2)
• Cash flow after investments of SEK 51 million (87)
• The Board proposes a dividend of SEK 1 per share (1)
January-December 2009
• Net sales of SEK 1,915 million (1,937)
• ProPac sales of SEK 247 million (238)
• Operating profit of SEK 65 million (74)
• Profit after tax of SEK 24 million (10)
• Basic earnings per share of SEK 1.65 (0.80)
• Cash flow after investments of SEK 169 million (144)