Normal start to 2010 - seasonally low volumes Net turnover increased by 20% and amounted to SKr 138.4 million (115.2). The road marking business in central and northern Europe is highly seasonal and begins during the second quarter. Some 7-8% of the turnover is, therefore, normally attributable to the first quarter of the year. The operating result improved in relation to the previous year to a loss of SKr 94.5 million (loss 107.4). A loss is reported for the first quarter of the year for seasonal reasons. The consolidated result after tax was a loss of SKr 75.3 million (loss 86.2). The loss per share was SKr 18.00 (loss 19.65). Important events during the first quarter Rights issue The Extraordinary General Meeting held on 31 March 2010 voted in favour of the Board's proposal to carry out a SKr 164 million rights issue. The issue, which is fully underwritten, will be completed by the middle of May. Events after the end of the reporting period New CEO Stefan Tilk, currently head of Region Africa & Middle East within Volvo Trucks, has been appointed MD and CEO in succession to Hans Ljungkvist as of the third quarter of 2010. Hans Ljungkvist's planned departure has already been announced. Forthcoming information, 2010-2011 Interim report, January-June 2010 14 July 2010 Interim report, January-September 2010 29 October 2010 Year-end communiqué 2010 February 2011 Annual report 2010 April 2011 Contact information: Hans Ljungkvist, CEO and Managing Director Tel: +46 (0) 31 172945, +46 (0) 705 371110 Hans.ljungkvist@geveko.se <mailto:Hans.ljungkvist@geveko.se> The information AB Geveko has provided in this interim report is such that shall be published in accordance with the Act concerning the Securities Market and/or the Act concerning Trading in Financial Instruments. This information was released for publication on 26 April 2010 at 12.15 p.m. AB GEVEKO (publ) Co.reg.no.: 556024-6844 Box 2137, S-403 13 Göteborg, Sweden. +46 31 172945, info@geveko.se <mailto:info@geveko.se> www.geveko.se <http://www.geveko.se/> The full report with tables can be downloaded from the following link: [HUG#1409977]
Interim Report January-March 2010
| Source: Geveko, AB