Q1 REPORT January - March 2009

REPORTING PERIOD JANUARY – MARCH 2009
• Net sales amounted to SEK 203.5 million (173.0 m)
• The operating loss excluding capital gains amounted to SEK 57.8 million (-29.5 m)
• The operating loss was SEK 57.8 million (+45.5 m)
• The loss after tax was SEK 63.6 million (+36.0 m)
• EPS was SEK -6.85 (+3.85)


SIGNIFICANT EVENTS DURING AND AFTER THE REPORTING PERIOD
• BRIO found itself in a tough liquidity situation during the reporting period, which mainly affected the company’s ability to meet its commitments towards the Group’s suppliers. In conjunction with the financial reconstruction, negotiations took place with suppliers, resulting in improved payment terms.

• The sale of obsolete stock took place during the reporting period, which boosted revenues but also had a negative effect on the gross results.

• BRIO continued with its rationalization scheme during the reporting period to cut costs by around SEK 80 million per year, which will achieve full effect in...

BRIO AB

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