Year end report for New Wave Group AB (publ) JANUARY-DECEMBER 2008 The Period 1 October-31 December 2008 • Sales amounted to MSEK 1 227 which was 8 % lower than the previous year (1 331). • The result after tax decreased by MSEK 88.8 to MSEK 2.4 (91.2). • The result per share in parent company amounted to SEK -0.01 (1.37). • The operating margin amounted to 5.0 (11.4) %. • The result after finance net decreased by MSEK 88.9 to MSEK 33.2 (122.1). • Equity ratio amounted to 34.1(29.9) %. • Net debt - Equity ratio amounted to 140.5 (163.9) %. The Period 1 January-31 December 2008 • Sales increased by 10 % to MSEK 4 604 (4 194), organic growth amounted to1 %. • The result after tax decreased by MSEK 83.4 to MSEK 147.9 (231.3). • The result per share in parent company amounted to SEK 2.18 (3.46). • The operating margin amounted to 8.0 (9.7) %. • The result after finance net decreased by MSEK 82.2 to MSEK 232.8 (315.0). Dividend • The Board of Directors has decided to suggest the annual shareholders meeting a dividend of SEK 0.18 (1.00) per share totalling MSEK 11.9. Significant Events after the Quarter • A new savings package including actions for improvement in efficiency and profitability has been introduced at Orrefors Kosta Boda. Views on 2009 • Market conditions are difficult to predict due to uncertainty in the economy, for 2009 New Wave is expecting a profit before tax which is in line with 2008, but that the turnover will not be on the same level as previous year FOR MORE INFORMATION, PLEASE CONTACT: CEO, Göran Härstedt Phone: +46 31 712 89 02 E-mail: goran.harstedt@nwg.se CFO, Lars Jönsson Phone: +46 31 712 89 12 E-mail: lars.jonsson@nwg.se
Year end report for New Wave Group AB (publ)
| Source: New Wave Group AB