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Article: LE Lundbergforetagen AB posts operating loss of SEK1,965m.(Financial report)
- Article from:
- Nordic Business Report
- Article date:
- February 19, 2009
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NORDIC BUSINESS REPORT-19 February 2009-LE Lundbergforetagen AB posts operating loss of SEK1,965m(C)1994-2009 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish investment company LE Lundbergforetagen AB (Lundbergs) (OMX Stockholm:LUND B) issued on Thursday (19 February) its year-end report, posting an operating loss of SEK1,965m, as compared to a profit of SEK7,934m in 2007.
The loss was due to negative property value changes and write-downs. Excluding these, the operating result amounted to a profit of SEK3,186m, as compared to SEK4,255m in 2007.
The group net turnover amounted to SEK22,350m, as compared to SEK23,049m in the previous year.
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