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Incentive A/S reports first-half profit of DKK59m

Nordic Business Report, August 26, 2003

NORDIC BUSINESS REPORT-26 August 2003-Incentive A/S reports first-half profit of DKK59m(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com

The Danish investing company Incentive A/S reported on Tuesday (26 August) an operating profit (EBITA) of DKK59m on net sales of DKK1.08bn for the financial period January-June 2003.

Operating profit (EBITA) increased from DKK54m while net sales decreased from DKK1.23bn, as compared to the corresponding period in 2002.

The company lowered its full-year net sales expectations to DKK2.0bn, and expected a pre-tax loss of DKK35-45m for the full year.

One Danish krone (DKK) is worth approximately 0.095 British pounds (GBP).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2003 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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