Financial statement 2009 Extremely strong operating cash flow, especially during quarter four. Quarter 4 • Incoming orders amounted to SEK 270.8m (319.0), which adjusted is a decline by 15 %.*) • Net sales amounted to SEK 259.3m (352.2), which adjusted is a decline by 26%.*) • Operating result was SEK 11.7m (37.6), resulting in an operating margin of 4.5% (10.7). • Net result was SEK 11.6m (25.9). • Earnings per share amounted to SEK 0.99 (2.21). Whole Year • Incoming orders amounted to SEK 1 020.3m (1 254.9), which adjusted is a decline by 25%.*) • Net sales amounted to SEK 1 052.0m (1 272.3), which adjusted is a decline by 24%. *) • Operating result was SEK 23.3m (140.8), resulting in an operating margin of 2.2% (11.1). • Net result was SEK 14.6m (92.6). • Earnings per share amounted to SEK 1.25 (7.90). • The board propose no dividend. (SEK 2.50) *) Adjusted for currency effects and acquisitions Comments from CEO: ” We are pleased that our measures to reduce the working capital have given a strong operating cash flow, especially during the fourth quarter. The savings programs have resulted in increasing operating margins. The net sales in the growth markets are increasing but cannot yet compensate for the weaker development in Europe.”Sven Kristensson, CEO Further information can be obtained from Sven Kristensson, CEO Telephone +46 (0) 42-18 87 00 e-mail: sven.kristensson@nederman.se Anders Agering, CFO Telephone +46 (0) 42-18 87 00 e-mail: anders.agering@nederman.se Facts about Nederman Nederman, one of the world's leading environment technology companies, develops, produces and markets its own products and systems for the extraction of dust, smoke, vehicle exhaust fumes and equipment for industrial cleaning. These are based on vacuum technology covering the entire scale from high vacuum to middle and low vacuum. Nederman also produces and sells a comprehensive range of hose and cable reels for water, air, oil and other media. Nederman's systems contribute in many ways to creating clean, efficient and safe workplaces around the world. The company's commitments to customers include everything from pre-studies and project work to installation, operational start-up and service. Manufacturing is certified according to ISO 9001 and ISO 14001. The company has production and assembly units in Sweden, Norway, Canada and China. Nederman's products and systems are marketed via its own subsidiaries in 25 countries and via agents and distributors in more than 50 countries. The Group has around 650 employees.
Financial statement 2009
| Source: Nederman Holding AB