Business Services Industry
AB Sardus reports 2005 result of SEK60m
Nordic Business Report, Jan 31, 2006
NORDIC BUSINESS REPORT-31 January 2006-AB Sardus reports 2005 result of SEK60m(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish sandwich toppings and frozen food products group AB Sardus announced its 2005 figures on Tuesday (31 January), reporting a result of SEK60m, as compared to SEK123m in 2004.
The result was burdened by restructuring costs of SEK16m, but this was mainly due to increased raw materials prices and weaker than expected Christmas sales.
The turnover increased by 13%, amounting to SEK2,017m.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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