Year-end release January - December 2002
2002 compared to 2001
- Net sales up 16 per cent to SEK 9,594 million (8,283).
- Operating margin increased to 7.6 per cent (6.5).
- Income after financial items up 46 per cent to SEK 606 million (414).
- Earnings per share after full dilution up 46 per cent to SEK 7.53 (5.15).
- Organic growth and profit improvement in the Nordic and UK operations.
- Improved operating margin in the Continental European operation despite a fall in sales.
Fourth quarter of 2002 compared to the corresponding period the previous year
- Operating margin up 8.2 per cent (6.3).
- Improved operating margin in all of the Group's operations.
Dividend
- The Board proposes a dividend of SEK 2.25 per share.
If you have any questions about this report, please contact:
Fredrik Cappelen, President and CEO, Lennart Rappe, Executive Vice President and CFO,
Katarina Sivander, Communications Manager, tel. +46 (0)8 440 16 00
Fredrik Cappelen, President and CEO, Lennart Rappe, Executive Vice President and CFO,
Katarina Sivander, Communications Manager, tel. +46 (0)8 440 16 00
Financial information is also available on Nobia's website: www.nobia.se
The full report including tables can be downloaded from the following link.