STOCKHOLM, Sweden, Oct. 22, 2004 (PRIMEZONE) -- Pergo --
(All figures in parentheses pertain to corresponding period in the preceding year.)
-- Net sales for the first nine months of the year amounted to SEK 2,098 M (2,067). Excluding currency effects, this was an increase of 8% compared with the year-earlier period.
-- The operating result for the nine-month period was a loss of SEK 207 M (loss: 141). This loss includes expenses of SEK 253 M (expense: 164) reported as an item affecting comparability.
-- Excluding items affecting comparability, the operating result for the nine-month period amounted to SEK 46 M (23) and for the third quarter to SEK 15 M (18).
-- The loss after tax for the nine-month period was SEK 209 M (loss: 136).
-- Earnings per share for the nine-month period amounted to a loss of SEK 3.90 (loss: 2.53).
-- Cash flow from current operations was a negative SEK 97 M during the third quarter and a negative SEK 118 M (neg: 62) for the nine-month period. Net cash amounted to a negative SEK 69 M (pos: 49).
Trelleborg, October 22, 2004
Board of Directors
Pergo AB (publ) Corporate Communications
For further information, contact: Goran Bernhoff, CEO Tel: +46 410 36 31 00 Staffan Soderqvist, CFO Tel: +46 410 36 31 00
Pergo AB (publ), P.O. Box 1010, SE-231 25 Trelleborg, Sweden, Corp. Reg. No. 556563-2600, Tel: +46 410 36 3100, Fax: +46 410 155 60, Website: www.pergo.com
This is Pergo
Pergo is a laminate flooring company with leading market positions, particularly in Europe and the US. Net sales amounted to MSEK 2,799 (3,194) in full-year 2003 and the number of employees was 795 (784) as at December 31, 2003. Pergo developed laminate flooring at the end of the 1970s and launched the product in Europe during the 1980s. The company started sales in the US in 1994 and later, to a smaller degree, in Asia in and Latin America. The company's products have been marketed under the PERGO(R) brand name since 1989. The company is listed on the Stockholm Stock Exchange's O-list. For further information about Pergo, please visit our homepage www.pergo.com.
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