Interim report January -- June 2004 for the Scribona Group


SOLNA, Sweden, July 15, 2004 (PRIMEZONE) -- Scribona Group:

- Second quarter sales reached MSEK 2,729 (2,689). Sales for the first six months totaled MSEK 5,932 (5,810).

- Operating income for the second quarter amounted to MSEK -5 (-21) and income after tax to MSEK -12 (-25). Operating income for the first six months is reported at MSEK 36 (-39) and includes a net gain of MSEK 40 on the sale of the Toshiba Document Solutions division. Income after tax was MSEK 15 (-45).

- Earnings per share for the first six months amounted to SEK 0.29 (-0.88).

- PC sales were up by 18% during the quarter with stable prices and rising margins. In the server segment, margins were impacted by the combined effects of a changed product mix and weak demand.

- Cash flow for the first half of the year improved by MSEK 201.

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http://www.waymaker.net/bitonline/2004/07/15/20040715BIT20750/wkr0010.pdf

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