Report
Press release
The Annual Accounts Report 2009
- Group profit after net financial items amounted to SEK 664 (1,590) million.
- Group profit after tax amounted to SEK 552 (1,458) million, which corresponds to SEK 4.21 (11.14) per share.
INDUSTRIAL AND TRADING OPERATIONS
Fourth quarter
* Orders received dropped to SEK 1,331 (1,446) million, a reduction of 9 percent 1).
* Net sales amounted to SEK 1,370 (1,699) million, a reduction of 20 percent 1).
* Operating results for continuing operations in industrial and trading operations amounted to SEK 102 (151) million,
a reduction of 34 percent 1).
* The Engineering Technology business area acquired 49 percent of Pressmaster.
* The Automotive business area divested HordaGruppen.
Full year
- Orders received dropped to SEK 5,201 (6,793) million, a reduction of 25 percent 1).
- Net sales amounted to SEK 5,367 (6,900) million, a reduction of 24 percent 1).
- Operating results for continuing operations in industrial and trading operations amounted to SEK 340 (747) million,
- The Board of Directors proposes a dividend of SEK 2.75 (3.75) per share.
1) Adjusted for acquisitions and divestitures.
INVESTMENT PORTFOLIO
- The value of Latours investment portfolio, adjusted for dividends, increased by 45.6 percent compared to the
EVENTS AFTER THE REPORT PERIOD
- The Hydraulics business area acquired Samwon Tech Europe.
- The Engineering Technology business area divested Specma Automation.
- Reorganisation of the wholly owned operations from 2010 and onward.