{"id":15558,"date":"2012-11-07T08:00:00","date_gmt":"2012-11-07T07:00:00","guid":{"rendered":"https:\/\/www.fmmattssongroup.com\/press-release\/interim-report-january-september-2012-2\/"},"modified":"2012-11-07T08:00:00","modified_gmt":"2012-11-07T07:00:00","slug":"interim-report-january-september-2012-2","status":"publish","type":"mfn_news","link":"https:\/\/www.fmmattssongroup.com\/en\/press-release\/interim-report-january-september-2012-2\/","title":{"rendered":"Interim Report, January\u2013September 2012"},"content":{"rendered":"<div class=\"mfn-preamble\"><strong>Third quarter:<\/p>\n<p>  \u00b7 Net sales were MSEK 186.9 (203.5).<br \/>\n  \u00b7 Operating income was MSEK 10.7 (4.4) including non-recurring items of MSEK -1.2 (-1.4).<br \/>\n  \u00b7 The operating margin was 5.7 (2.2) percent.<br \/>\n  \u00b7 Profit after tax was MSEK 6.2 (0.8). Earnings per share were SEK 0.54 (0.07).<br \/>\n  \u00b7 Cash flow after investments was MSEK 29.5 (7.8).<\/strong><\/div>\n<\/p>\n<p><span><strong>CEO\u2019s comment:<\/strong><\/span><\/p>\n<\/p>\n<p><span>Demand on our main markets remained poor in the third quarter, and sales were down by 8.2 percent year on year. Our judgment is that we retained market shares.<\/span><\/p>\n<\/p>\n<p><span>The cost reduction work we\u2019ve begun generated a saving of MSEK 7.8 in the quarter. More work on cost reduction is ongoing. Our operating income was MSEK 10.7 (4.4) despite lower volumes. The improvement is primarily explained by the above savings program and income in the corresponding period of 2011 being charged with a market valuation of brass contracts of MSEK -8.9.<\/span><\/p>\n<\/p>\n<p><span>Our activities for future product development are increasing and are consistent with our endeavor to retain the strongest product range on the market. We are also intensifying our marketing initiatives in all three geographical segments.<\/span><\/p>\n<\/p>\n<p><span><em>Download entire report here<\/em><\/span><\/p>\n<\/p>\n<p><strong>Reporting calendar:<\/strong><\/p>\n<\/p>\n<p>Year-end Report\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 27 February 2013<\/p>\n<\/p>\n<p>Annual General Meeting\u00a0\u00a0\u00a0\u00a0\u00a0 7 May 2013<\/p>\n<\/p>\n<p>Interim Report Q1 2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8 May 2013<\/p>\n<\/p>\n<p>Interim Report Q2 2013\u00a0\u00a0\u00a0\u00a0\u00a029 August 2013<\/p>\n<\/p>\n<div class=\"mfn-footer\">\n<p><strong><\/strong>\u00a0<\/p>\n<p><strong>For more information, please contact:<\/strong><\/p>\n<p>Claes Seldeby, CEO <br \/>Tel. +46 (0)250 596405<\/p>\n<p>Anne-Charlotte Eggwertz, CFO <br \/>Tel. +46 (0)250 596225<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Third quarter: \u00b7 Net sales were MSEK 186.9 (203.5). \u00b7 Operating income was MSEK 10.7 (4.4) including non-recurring items of MSEK -1.2 (-1.4). \u00b7 The operating margin was 5.7 (2.2) percent. \u00b7 Profit after tax was MSEK 6.2 (0.8). Earnings per share were SEK 0.54 (0.07). \u00b7 Cash flow after investments was MSEK 29.5 (7.8).<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-15558","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-report-interim","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn","mfn-news-tag-mfn-report-interim-q3","mfn-news-tag-mfn-report"],"_links":{"self":[{"href":"https:\/\/www.fmmattssongroup.com\/en\/wp-json\/wp\/v2\/mfn_news\/15558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fmmattssongroup.com\/en\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/www.fmmattssongroup.com\/en\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/www.fmmattssongroup.com\/en\/wp-json\/wp\/v2\/media?parent=15558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}