Quarterly information HL Display Holding Group Jan-June 2011
·        Net sales for January - June decreased by 1 percent to MSEK 824 (834).
Adjusted for currencies, sales increased by 6 percent.
·        Operating profit was MSEK 45 (50). Profit before tax amounted to MSEK
28 (37) and net profit to MSEK 19 (23). Currencies affected the operating profit
negatively by approximately 25 MSEK. Non-recurring costs amounted to MSEK 10
(10) for the first six months.
·        The EBITA margin for the first half year was 5.6 (6.1) percent.
Currency adjusted EBITA margin was 7.9 percent.
 For the full press release see enclosed file (pdf).
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|Ratos has through HL Display Holding AB acquired the shares in HL Display AB |
|(publ) in August 2010. At September 17, 2010 the shares were delisted from |
|Nasdaq OMX. This press release presents financial information for the HL |
|Display Holding Group. Comparative data for 2010 is reported pro forma and |
|refers to those previously reported by HL Display AB Group, but restated as if|
|the acquisition of HL Display with related refinancing had instead been made |
|at the beginning of 2010. This means that the presented financial information|
|for 2010 refers to the actual outcome for the HL Display Group, with the |
|addition that financial costs have been increased by an extrapolated interest |
|charge. HL Display applies IFRS. This press release has not been prepared in |
|accordance with IAS 34 Interim Financial Reporting |
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HL Display Holding Q2 2011:
http://hugin.info/1092/R/1542577/472237.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: HL Display via Thomson Reuters ONE
[HUG#1542577]
