Improved earnings for Bonnier AB after eight months.

0 Comments | M2 Presswire, October, 2004

M2 PRESSWIRE-12 October 2004-Bonnier AB: Improved earnings for Bonnier AB after eight months(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:10122004 Bonnier ABs profit after net financial items for the period January-August 2003 amounted to SEK 238 M, an improvement compared with the preceding year.

Four of the six business areas improved their earnings despite the continued weak advertising market. Profit for the most recent 12 months amounted to SEK 1,056 M. Sales amounted to SEK 12,111 M, an increase of 8 percent. Sales outside Sweden rose by 13 percent. Foreign sales accounted for nearly half of the Groups combined sales. Books reported an operating profit of SEK 121 M (143), maintaining a high level. Sales rose by 13 percent, primarily due to the...