February–October
The Group’s February–October 2008 net sales amounted to EUR 4,179 (4,167) million, an increase of only 0.3% compared to the same period last year. The net sales were impacted by the changed business model of some suppliers in Sweden and the FX effect.
The Group’s operating profit in February–October was EUR 103 (94) million, up 9.1% from the same period in the previous year. The Group’s ordinary profit before taxes was EUR 94 (93) million, up 0.4%, and the profit margin was 2.2 (2.2)%. The net profit for the period February–October was EUR 68 (70) million.
August–October
The Group’s third quarter net sales amounted to EUR 1,404 (1,414) million, down 0.7% from last year’s figures.
The Group’s operating profit in August–October was EUR 31 (30) million, up 2.6% from the same period in the previous year. The ordinary profit before taxes was EUR 28 (33) million, down 17%, and the profit margin was 2.0 (2.4)%. The net profit for the period August–October was EUR 19 (25) million. |
