KUNGSBACKA, Sweden, October 21, 2002 (PRIMEZONE) -- Elanders
- Net turnover dropped by 12 % to MSEK 1590,1 (MSEK 1800,4)
-Pre-tax profit was MSEK -327,8 (MSEK -28,5) after one-off measures of MSEK 240,6 (SEK 0). Cash flow amounted to MSEK 44 (MSEK -239)
- Magazine and advertising printing plants in Oslo, Helsingborg and Landskrona sold
- Operations in Stockholm will be restructured during the fourth quarter
- Pre-tax profits of approximately MSEK -380, after one-off expenses totalling MSEK 300, are forecasted for this year. Cash flow for the year will be positive.
- Pre-tax profits of approximately MSEK 50 are forecasted for 2003, along with a continued positive cash flow.
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http://www.waymaker.net/bitonline/2002/10/21/20021021BIT01340/wkr0002.pdf