Year-end release January - December 2003
| October-December | January-December | |||
| Key Figures | 2003 | 2002 | 2003 | 2002 | 
| Net sales, SEK m | 2 377 | 2 343 | 9 273 | 9 594 | 
| Operating income before depreciation, SEK m (EBITDA) | 252 | 267 | 872 | 1 036 | 
| Operating income before goodwill amortisation, SEK m (EBITA) | 185 | 207 | 625 | 788 | 
| Operating income, SEK m (EBIT) | 168 | 191 | 565 | 725 | 
| Operating income before goodwill amortisation, % (EBITA) | 7.8 | 8.8 | 6.7 | 8.2 | 
| Operating margin, % | 7.1 | 8.2 | 6.1 | 7.6 | 
| Income after financial items, SEK m | 152 | 172 | 500 | 606 | 
| Income after tax, SEK m | 106 | 120 | 338 | 408 | 
| Earnings per share, after full dilution, SEK | 1.83 | 2.08 | 5.84 | 7.53 | 
| Return on capital employed, % | 14.6 | 17.9 | ||
| Return on shareholders' equity, % | 13.0 | 18.7 | ||
- The Board proposes a dividend of SEK 2.25/share (2.25)
- Net sales amounted to SEK 9,273 million (9,594)
- Organic growth of 3% for the Group
- Income after financial items amounted to SEK 500 million (606)
- Income after tax amounted to SEK 338 million (408)
- Earnings per share after full dilution SEK 5.84 (7.53)
- EBITA margin, excluding close-down costs for the Goldreif business unit, amounted to 7.8% (8.2)
- In December 2003 Nobia acquired Gower, one of UK's leading suppliers of flat pack kitchens.
If you have any questions about this report, please contact:
Fredrik Cappelen, President and CEO, Lennart Rappe, Vice President and CFO, Katarina Sivander, Communications Manager, tel. +46 (0)8 440 16 00
Fredrik Cappelen, President and CEO, Lennart Rappe, Vice President and CFO, Katarina Sivander, Communications Manager, tel. +46 (0)8 440 16 00
Financial information is also available on Nobia's website: www.nobia.se
The full report including tables can be downloaded from the following link.