STOCKHOLM, Sweden, Oct. 26, 2004 (PRIMEZONE) -- SCA: Interim Report 1 January -- 30 September 2004.
- Net sales amounted to SEK 66,839 M (64,185).
- Earnings after taxes (net earnings) amounted to SEK 2,978 M (3,656) (1).
- Earnings per share amounted to SEK 12.75 (15.77). Adjusted for currency effects and items affecting comparability, the decline was 9%.
Compared with second quarter of 2004
- Net sales amounted to SEK 22,812 M (22,340).
- Earnings per share amounted to SEK 4.09 (4.32).
Other
- It appears that the expected price recovery during the current year will be delayed. Additional cost-reduction measures will be accelerated.
(1) Earnings during 2004 were affected by costs for personnel reductions and sale of shares. During 2003, earnings in the first quarter were affected by sale of shares (see also page 13).
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