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Article: LE Lundbergforetagen AB posts Q3 operating loss of SEK480m.(Financial report)

Article from:
Nordic Business Report
Article date:
November 27, 2008
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NORDIC BUSINESS REPORT-27 November 2008-LE Lundbergforetagen AB posts Q3 operating loss of SEK480m(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish investment company LE Lundbergforetagen AB (Lundbergs) (OMX Stockholm:LUND B) issued on Thursday (27 November) its report for the third quarter, posting an operating loss of SEK480m compared to a profit of SEK861m in the third quarter of 2007.

The result was burdened by negative property value changes of SEK763m in addition to increased costs and a sharp decline in income from portfolio companies.

The group net turnover amounted to SEK5,207m compared to SEK5,483m in the third quarter last ...

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