Financial Reporting
Year-end Report 2010
Improved operating profit despite declining volumes.
- Operating profit totaled SEK 1,375m (284), up 28% excluding structural and currency changes
- Continued improvements in operating profit during fourth quarter of 2010. Operating profit up 44%, excluding structural and currency changes
- Net sales totaled SEK 41,669m (44,633)
- Profit before tax totaled SEK 1,348m (2,439)
- Net profit totaled SEK 1,031m (196), excluding participations in the earnings of and capital gains from the sale of bpost (formerly De Post-La Poste) in July 2009
- Net profit totaled SEK 1,031m (2,414)
- The Board proposes an ordinary dividend, in accordance with the company’s dividend policy, of SEK 600m (1,440) as well as an extraordinary dividend of SEK 400m (0)
- Lars Idermark appointed new President and Group CEO
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