Bonnier AB reports profit of SEK 800m.

0 Comments | M2 Presswire, February, 2005

M2 PRESSWIRE-18 February 2005-Bonnier AB: Bonnier AB reports profit of SEK 800m(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:02182005 Profit after net financial items for the Group totaled SEK 800 M. This is lower than the previous year`s record earnings, which were lifted by the Harry Potter title release in Germany and capital gains.

The Magazine Group and Business Information business areas reported record earnings. The consolidated cash flow of SEK 1.1 billion, before dividends and company acquisitions, marks an all-time high. "Development work was intensive in all business areas. At the same time, the Group delivered a pleasing result. "In addition, a number of exciting corporate acquisitions were conducted, primarily within Books, Entertainment and...