ITAB - Interim report January-September 2010

Interim report January-September 2010

10/27/2010 3:38:00 PM

  • Income was SEK 1,959.4 million (2,027.2). Income has been negatively affected by approximately SEK 120.million due to fluctuations in exchange rates which means the organic growth was 3 % for the first nine months of the year.
  • Operating profit was SEK 48.6 million (86.1). Exchange rate movements, when recalculated to Swedish kronor, affected the operating profit negatively by approximately 5 million. Operating profit was SEK 11.0 million (38.7)
  • The heavily increased cost of raw materials has so far only been charged to customers to a limited extent.
  • The profit has been encumbered with restructuring and once for all costs of approximatly SEK 20 million.

 Download the Interim report January- September 2010

For further information, please contact:

ITAB Shop Concept AB  
CEO Ulf Rostedt  
Phone:  +46 36 31 73 00

CFO Magnus Olsson
Telefon: +46 36 31 73 00
Mobil: +46 70 544 47 89
  
Box 9054, SE-550 09 JÖNKÖPING    
Phone: +46 [0]36 31 73 00 

Parent company's homepage: www.itab.se

ITAB supplies complete shop interiors for general and trade retailers. The company’s operations comprise project management, design, development, manufacture and sales. Besides shop fittings, predominantly in wood and metal, the range of concepts on offer also includes shop equipment (cash desksentry systems, etc.) and in-house developed products. ITAB Shop Concept had a turnover during 2009 of SEK 2,8 billion and at the turn of the year ca. 1.500 employees.