Year end report for New Wave Group AB (publ)

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