The document summarizes the financial results of CDON Group for Q3 and the first nine months of 2012. Key highlights include 19% year-on-year sales growth in Q3 and 38% growth year-to-date. Operating profit, however, declined due to non-recurring costs related to relocating Nelly.com's warehouse. On a segment level, Entertainment and Sports & Health saw continued strong sales growth while Fashion was impacted by the warehouse move in the short-term.
- Sales for the first quarter of 2012 increased 67% year-over-year to SEK 954.3 million due to strong growth across all business segments. However, operating profit declined to SEK -12.1 million from SEK 20.1 million a year ago due to increased investments in growth initiatives and non-recurring costs of SEK 14 million.
- The Entertainment segment saw a 34% increase in sales driven by strengthened product offerings. Operating profit for the segment was SEK 24.1 million. Fashion sales grew 76% following geographical expansions but reported an operating loss of SEK -38.5 million due to a warehouse relocation.
- While sales growth was strong across segments,
CDON Group Q4 & FY 2011 Financial PresentationQliro Group AB
- The company reported record financial results for Q4 and full year 2011, with 71% year-over-year sales growth in Q4 to SEK 1316.4 million and 54% full year sales growth to SEK 3,403.7 million.
- Operating profit for Q4 increased to SEK 71.3 million with an operating margin of 5.4% and pre-tax profit for Q4 was SEK 65.9 million.
- For the full year, gross profit increased 48% to SEK 602.3 million with a gross margin of 17.7% excluding non-recurring items.
CDON Group reported strong financial results for the first quarter of 2011, with net sales up 22% to SEK 571.8 million and operating profit of SEK 20.1 million. Gross profit increased 17.4% to SEK 109.9 million. The company saw sales growth across all business segments, with the entertainment segment representing 63% of total sales. Operating costs increased due to investments in expanding existing and newly acquired businesses.
1) CDON Group reported record fourth quarter sales and a successful demerger and listing on the Nasdaq OMX Stockholm exchange.
2) Net sales increased 25% year-over-year to SEK 768.9 million in Q4 and 27% to SEK 2,210.0 million for the full year.
3) Operating profit was SEK 38.1 million in Q4 and SEK 134.6 million for the full year, reflecting stable profits and healthy growth across all business segments.
The financial results document summarizes the company's financial performance for Q2 and the first half of 2011. Some key points:
- Net sales increased 51% in Q2 and 36% for the first half year due to acquisitions and sales growth across all segments.
- Operating profit decreased in both periods due to investments in expansion and a shift in product mix in the Entertainment segment.
- Each business segment was profitable in Q2 despite ongoing investments. The newly acquired Home & Garden segment contributed sales of SEK 48.9 million.
- Year-over-year sales growth was seen across all segments, ranging from 33-58% increase, demonstrating continued strong performance.
CDON Group AB is the #1 e-commerce group in the Nordics operating 10 brands across 4 segments - Entertainment, Fashion, Sports & Health, and Home & Garden. In the last 12 months, the group generated 4.2 billion SEK in revenues from 225 million visits to its sites and 6.7 million orders shipped to 2.5 million customers. CDON aims to continue its growth through expanding its existing brands internationally, broadening its shopping mall offerings, pursuing acquisitions and startups, and gaining additional market share.
BillerudKorsnäs reported strong first quarter results for 2011, with operating profit of MSEK 332, a 12% increase in net sales, and record sales volume of 369 ktonnes. Packaging paper continued strong results due to good order situation and price increases. Market pulp results were lower due to stronger SEK and higher costs, though price increases were announced. Outlook remains positive with announced price increases expected to impact future quarters and currency hedges compensating SEK strength.
1) Scania reported record earnings in the first half of 2008, with operating margin reaching 16.6% and net margin at 12.1%.
2) Scania is pursuing profitable growth through increasing vehicle and service sales. Revenue grew 15% while EBIT grew 30% in the first half of 2008.
3) Scania's vision is to reach annual production of 150,000 vehicles while maintaining a flexible cost structure and focus on customer productivity and uptime.
- Sales for the first quarter of 2012 increased 67% year-over-year to SEK 954.3 million due to strong growth across all business segments. However, operating profit declined to SEK -12.1 million from SEK 20.1 million a year ago due to increased investments in growth initiatives and non-recurring costs of SEK 14 million.
- The Entertainment segment saw a 34% increase in sales driven by strengthened product offerings. Operating profit for the segment was SEK 24.1 million. Fashion sales grew 76% following geographical expansions but reported an operating loss of SEK -38.5 million due to a warehouse relocation.
- While sales growth was strong across segments,
CDON Group Q4 & FY 2011 Financial PresentationQliro Group AB
- The company reported record financial results for Q4 and full year 2011, with 71% year-over-year sales growth in Q4 to SEK 1316.4 million and 54% full year sales growth to SEK 3,403.7 million.
- Operating profit for Q4 increased to SEK 71.3 million with an operating margin of 5.4% and pre-tax profit for Q4 was SEK 65.9 million.
- For the full year, gross profit increased 48% to SEK 602.3 million with a gross margin of 17.7% excluding non-recurring items.
CDON Group reported strong financial results for the first quarter of 2011, with net sales up 22% to SEK 571.8 million and operating profit of SEK 20.1 million. Gross profit increased 17.4% to SEK 109.9 million. The company saw sales growth across all business segments, with the entertainment segment representing 63% of total sales. Operating costs increased due to investments in expanding existing and newly acquired businesses.
1) CDON Group reported record fourth quarter sales and a successful demerger and listing on the Nasdaq OMX Stockholm exchange.
2) Net sales increased 25% year-over-year to SEK 768.9 million in Q4 and 27% to SEK 2,210.0 million for the full year.
3) Operating profit was SEK 38.1 million in Q4 and SEK 134.6 million for the full year, reflecting stable profits and healthy growth across all business segments.
The financial results document summarizes the company's financial performance for Q2 and the first half of 2011. Some key points:
- Net sales increased 51% in Q2 and 36% for the first half year due to acquisitions and sales growth across all segments.
- Operating profit decreased in both periods due to investments in expansion and a shift in product mix in the Entertainment segment.
- Each business segment was profitable in Q2 despite ongoing investments. The newly acquired Home & Garden segment contributed sales of SEK 48.9 million.
- Year-over-year sales growth was seen across all segments, ranging from 33-58% increase, demonstrating continued strong performance.
CDON Group AB is the #1 e-commerce group in the Nordics operating 10 brands across 4 segments - Entertainment, Fashion, Sports & Health, and Home & Garden. In the last 12 months, the group generated 4.2 billion SEK in revenues from 225 million visits to its sites and 6.7 million orders shipped to 2.5 million customers. CDON aims to continue its growth through expanding its existing brands internationally, broadening its shopping mall offerings, pursuing acquisitions and startups, and gaining additional market share.
BillerudKorsnäs reported strong first quarter results for 2011, with operating profit of MSEK 332, a 12% increase in net sales, and record sales volume of 369 ktonnes. Packaging paper continued strong results due to good order situation and price increases. Market pulp results were lower due to stronger SEK and higher costs, though price increases were announced. Outlook remains positive with announced price increases expected to impact future quarters and currency hedges compensating SEK strength.
1) Scania reported record earnings in the first half of 2008, with operating margin reaching 16.6% and net margin at 12.1%.
2) Scania is pursuing profitable growth through increasing vehicle and service sales. Revenue grew 15% while EBIT grew 30% in the first half of 2008.
3) Scania's vision is to reach annual production of 150,000 vehicles while maintaining a flexible cost structure and focus on customer productivity and uptime.
HQ Bank has experienced volume driven growth in its credit portfolio over the past 9 months of 2008. While the portfolio increased 8% in local currencies, bad debt provisions increased in several markets. The bank has a well balanced portfolio that is diversified across exposure levels, geographic areas, and products. It maintains a conservative refinancing policy and manages risks through matched funding and credit risk management.
Stora Enso’s Interim Review for January - September 2011Stora Enso
In the third quarter of 2011:
1) The company reported operating profit of EUR 204 million excluding non-recurring items and fair valuation effects, with strong cash flow after capital expenditures of EUR 282 million.
2) Higher prices continued to support results, with an EBIT margin of 8% excluding non-recurring items and fair valuation.
3) Early production curtailments helped control inventories and reduced operative working capital.
The interim report summarizes the company's financial performance in the first half of 2008. Key points include record profitability with an operating margin of 16.6% and net margin of 12.1%. Vehicle and service sales grew 15% and 30% respectively. Earnings per share increased 36% to SEK 12.52. The outlook predicts earnings in 2008 will be higher than 2007 due to continued strong demand outside of Europe.
1) Scania reported all-time high earnings in 2008 with operating income of SEK 12,512 million. However, deliveries declined 18% in Q4 as the company adjusted production rates due to decreased demand in Europe.
2) While the trucks and services segment grew profits through price increases, this was partially offset by negative impacts from lower deliveries, used vehicles, raw materials, and R&D spending.
3) Scania's flexible production system and focus on reducing inventory and postponing investments helped cash flow, but tied up capital increased with capacity investments. Outlook for 2009 is uncertain due to rapid demand fall in Q4 and high industry inventory levels.
The document discusses current trends in the Canadian oil and gas industry, including a period of political transition, increasing divergence between crude oil and natural gas markets, and increasing pressure on costs and skilled labor. It provides data on land sales, well drilling, capital spending, production forecasts, and other metrics. The outlook emphasizes balancing environmental, economic and energy security priorities through technology, collaboration, and maintaining competitiveness and social acceptance.
Stora Enso Interim Review January-March 2011Stora Enso
- Sales and earnings more than doubled in Q1 2011 compared to Q1 2010, with sales up 19% and operating profit excluding items up 108%.
- Higher prices and continued productivity improvements drove earnings growth. However, inflation increased costs and limited further earnings growth.
- The company will continue efforts to fight inflation, which is estimated to increase costs by 4% for the full year 2011 compared to 2010.
Tele2 AB reported financial results for the second quarter of 2012. Key highlights included a net customer intake of 1.5 million, revenue growth of 10%, and EBITDA of SEK 2,715 million, equivalent to a 25% margin. The company saw strong growth in Russia and Sweden. Tele2 Russia had a net intake of 693,000 customers and increased its EBITDA margin to 37%. Tele2 Sweden grew mobile revenue by 6% and service revenue by 2.3%, though EBITDA was negatively impacted by a temporary campaign.
This document summarizes an interim report from a company for the first three quarters of 2008:
- Profits were at an all-time high with an operating margin of 15.8% and high returns. Revenue also grew 11% with EBIT growth of 25% and ROCE of 50.5%.
- Vehicle deliveries increased 4% while delivery times shortened. The service business also grew, capitalizing on the substantial vehicle population.
- Strong EBIT growth was driven by higher volumes, prices, and improved product mix. Cash flow increased but tied-up working capital grew due to volume and inventory increases.
- The financial services portfolio grew 8% in local currencies while bad debt provisions increased
The interim report summarizes Billerud Group's financial performance in the first half of 2011. Key points include:
1) The company reported strong earnings in Q2 with an EBIT of MSEK 275 million and an operating margin of 12%, though lower than Q1 mainly due to a planned maintenance shutdown.
2) Packaging paper saw continued strong underlying earnings with a 3% increase in local prices and orders remaining at a good level despite seasonal decline.
3) Market pulp saw a 45 USD/tonne price increase in Europe and the company announced two price increases though the second was not fully implemented.
4) Overall the company reported a good first half result with an operating margin of
oe E. Harlan Executive Vice President, Electro and Communications Businessfinance10
The document summarizes an investor meeting presentation about 3M's Electro & Communications Business (ECB). It highlights that ECB has maintained strong growth and margins in recent years. Going forward, ECB is positioned for continued growth by leveraging its market-focused customer-centric approach, differentiated technologies, international expansion, adjacent markets, service differentiation, and competitive culture. ECB serves the electrical, communications, and electronics industries with products like tapes, films, adhesives, and interconnect solutions.
- CMC reported consolidated revenue of Rs. 1085 crore for FY2006-07, an increase of 18% over the previous year. Consolidated profit before tax increased 99% to Rs. 98.97 crore.
- International revenue grew 54% driven by the American and UK geographies. The international business share of revenue increased from 28% to 35%.
- Services revenue increased 32% with significant growth in the SI and ITES business units. Operating margins expanded 355 basis points due to an improved business mix and increased manpower productivity.
- For Q4 FY2006-07, revenue grew 4% year-over-year while profit before tax increased 103% and margins expanded across all
Tele2 AB reported its financial results for the fourth quarter of 2011. Net sales grew 8% year-over-year to SEK 10,839 million. EBITDA was SEK 2,791 million, with an EBITDA margin of 26%. Tele2's customer base reached 34.1 million customers. In Russia, Tele2's subscriber base grew to 20.6 million customers, representing 28% of total net sales. Tele2 expects its Russian operations to reach 21.5-22 million subscribers in 2012 with EBITDA margins of 39-40%. In the Nordic region, Tele2 integrated its Norwegian operations and grew its Swedish mobile customer base, expecting continued growth in 2012.
Ingram Micro is the largest global wholesale provider of technology products and services, operating in 36 countries with $30.7 billion in annual sales. In 2000, Ingram Micro focused on improving gross margins and reducing costs, leading to a 77% increase in operating profits despite challenges in sales growth. The company aims to continue enhancing its global distribution network and customer services to maintain its leadership position in the technology supply chain industry.
Highlights of the second quarter of 2011. Net sales amounted to SEK 24,143m (27,311) and income for the period was SEK 561m (1,028) or SEK 1.97 (3.61) per share. Net sales decreased by 2% in comparable currencies mainly as a result of lower prices.
Patrick D. Campbell Senior Vice President and Chief Financial Officerfinance10
3M aims to accelerate growth to enhance shareholder value. The presentation outlines plans to achieve 5-8% organic local currency growth in traditional businesses through leveraging existing assets, pursue international expansion, and continue productivity initiatives. It also discusses growing new market adjacencies at a faster pace through acquisitions and new brands. Maintaining strong margins and returns on invested capital as growth increases is a key focus.
The document is Parker Hannifin Corporation's 2008 annual report which summarizes the company's financial performance for the fiscal year. It highlights that Parker Hannifin generated $12.1 billion in revenues, had 960,000 products, 449,000 customers, 62,000 employees, and 298 manufacturing plants. The annual report covers how the company is applying its expertise in motion and control technologies across many industries to increase customer productivity and profitability.
Overview of the services offered by Landstar along with information on the Landstar system. Celebrating 25 years of Excellence in transportation and supply chain solutions!
Highlights of the first quarter of 2010. Net sales amounted to SEK 25,133m (25,818) and income for the period was SEK 911m (-346), or SEK 3.20 (-1.22) per share. Net sales increased by 4.1% in comparable currencies, due to higher sales volumes.
Financial Results for the Second Quarter and First Six Months 2012
1) For the second quarter, the company experienced 38% year-over-year sales growth but an operating loss of SEK -43.5 million due to non-recurring costs.
2) For the first half of the year, sales were up 51% year-over-year but the company reported an operating loss of SEK -55.6 million resulting from warehouse relocation costs and adjustments to their returned goods model.
3) While sales increased substantially, costs from strategic projects led to overall losses for both the quarter and first six months of the year.
Cdon group Q1 2013 and rights issue presentationQliro Group AB
CDON Group AB announces a rights issue of approximately SEK 500 million to strengthen its capital structure and facilitate growth. The goal is to double net sales from SEK 4.5 billion in 2012 to over SEK 9 billion in 2017. The rights issue is fully secured by a subscription commitment from major shareholder Kinnevik for 25% and a guarantee for the remainder. First quarter sales grew 10% year-over-year to SEK 1.051 billion while operating profit declined to a loss of SEK 7.8 million.
CDON Group reported financial results for the second quarter and first six months of 2013. Net sales increased 4.2% year-over-year in Q2 to SEK 964.3 million, driven by strong growth in the Fashion and Sports & Health segments. However, results were burdened by non-recurring costs of SEK 32 million at CDON. The rights issue completed in the quarter provided approximately SEK 502 million and restructured the Group's credit facilities. Net debt was reduced to SEK 50.0 million compared to SEK 590.3 million at the end of Q1.
CDON Group reported strong financial results for Q3 2011, with a 61% year-over-year increase in sales reaching a record SEK 826.4 million. Gross profit increased 46.7% and operating profit was SEK 33.7 million, excluding one-time items. For the first nine months of 2011, net sales increased 45% to SEK 2,087.3 million and gross profit grew 32.6%, while operating profit was SEK 77.6 million when excluding one-time costs. The company also launched new sites and expanded existing brands into new markets during the period.
HQ Bank has experienced volume driven growth in its credit portfolio over the past 9 months of 2008. While the portfolio increased 8% in local currencies, bad debt provisions increased in several markets. The bank has a well balanced portfolio that is diversified across exposure levels, geographic areas, and products. It maintains a conservative refinancing policy and manages risks through matched funding and credit risk management.
Stora Enso’s Interim Review for January - September 2011Stora Enso
In the third quarter of 2011:
1) The company reported operating profit of EUR 204 million excluding non-recurring items and fair valuation effects, with strong cash flow after capital expenditures of EUR 282 million.
2) Higher prices continued to support results, with an EBIT margin of 8% excluding non-recurring items and fair valuation.
3) Early production curtailments helped control inventories and reduced operative working capital.
The interim report summarizes the company's financial performance in the first half of 2008. Key points include record profitability with an operating margin of 16.6% and net margin of 12.1%. Vehicle and service sales grew 15% and 30% respectively. Earnings per share increased 36% to SEK 12.52. The outlook predicts earnings in 2008 will be higher than 2007 due to continued strong demand outside of Europe.
1) Scania reported all-time high earnings in 2008 with operating income of SEK 12,512 million. However, deliveries declined 18% in Q4 as the company adjusted production rates due to decreased demand in Europe.
2) While the trucks and services segment grew profits through price increases, this was partially offset by negative impacts from lower deliveries, used vehicles, raw materials, and R&D spending.
3) Scania's flexible production system and focus on reducing inventory and postponing investments helped cash flow, but tied up capital increased with capacity investments. Outlook for 2009 is uncertain due to rapid demand fall in Q4 and high industry inventory levels.
The document discusses current trends in the Canadian oil and gas industry, including a period of political transition, increasing divergence between crude oil and natural gas markets, and increasing pressure on costs and skilled labor. It provides data on land sales, well drilling, capital spending, production forecasts, and other metrics. The outlook emphasizes balancing environmental, economic and energy security priorities through technology, collaboration, and maintaining competitiveness and social acceptance.
Stora Enso Interim Review January-March 2011Stora Enso
- Sales and earnings more than doubled in Q1 2011 compared to Q1 2010, with sales up 19% and operating profit excluding items up 108%.
- Higher prices and continued productivity improvements drove earnings growth. However, inflation increased costs and limited further earnings growth.
- The company will continue efforts to fight inflation, which is estimated to increase costs by 4% for the full year 2011 compared to 2010.
Tele2 AB reported financial results for the second quarter of 2012. Key highlights included a net customer intake of 1.5 million, revenue growth of 10%, and EBITDA of SEK 2,715 million, equivalent to a 25% margin. The company saw strong growth in Russia and Sweden. Tele2 Russia had a net intake of 693,000 customers and increased its EBITDA margin to 37%. Tele2 Sweden grew mobile revenue by 6% and service revenue by 2.3%, though EBITDA was negatively impacted by a temporary campaign.
This document summarizes an interim report from a company for the first three quarters of 2008:
- Profits were at an all-time high with an operating margin of 15.8% and high returns. Revenue also grew 11% with EBIT growth of 25% and ROCE of 50.5%.
- Vehicle deliveries increased 4% while delivery times shortened. The service business also grew, capitalizing on the substantial vehicle population.
- Strong EBIT growth was driven by higher volumes, prices, and improved product mix. Cash flow increased but tied-up working capital grew due to volume and inventory increases.
- The financial services portfolio grew 8% in local currencies while bad debt provisions increased
The interim report summarizes Billerud Group's financial performance in the first half of 2011. Key points include:
1) The company reported strong earnings in Q2 with an EBIT of MSEK 275 million and an operating margin of 12%, though lower than Q1 mainly due to a planned maintenance shutdown.
2) Packaging paper saw continued strong underlying earnings with a 3% increase in local prices and orders remaining at a good level despite seasonal decline.
3) Market pulp saw a 45 USD/tonne price increase in Europe and the company announced two price increases though the second was not fully implemented.
4) Overall the company reported a good first half result with an operating margin of
oe E. Harlan Executive Vice President, Electro and Communications Businessfinance10
The document summarizes an investor meeting presentation about 3M's Electro & Communications Business (ECB). It highlights that ECB has maintained strong growth and margins in recent years. Going forward, ECB is positioned for continued growth by leveraging its market-focused customer-centric approach, differentiated technologies, international expansion, adjacent markets, service differentiation, and competitive culture. ECB serves the electrical, communications, and electronics industries with products like tapes, films, adhesives, and interconnect solutions.
- CMC reported consolidated revenue of Rs. 1085 crore for FY2006-07, an increase of 18% over the previous year. Consolidated profit before tax increased 99% to Rs. 98.97 crore.
- International revenue grew 54% driven by the American and UK geographies. The international business share of revenue increased from 28% to 35%.
- Services revenue increased 32% with significant growth in the SI and ITES business units. Operating margins expanded 355 basis points due to an improved business mix and increased manpower productivity.
- For Q4 FY2006-07, revenue grew 4% year-over-year while profit before tax increased 103% and margins expanded across all
Tele2 AB reported its financial results for the fourth quarter of 2011. Net sales grew 8% year-over-year to SEK 10,839 million. EBITDA was SEK 2,791 million, with an EBITDA margin of 26%. Tele2's customer base reached 34.1 million customers. In Russia, Tele2's subscriber base grew to 20.6 million customers, representing 28% of total net sales. Tele2 expects its Russian operations to reach 21.5-22 million subscribers in 2012 with EBITDA margins of 39-40%. In the Nordic region, Tele2 integrated its Norwegian operations and grew its Swedish mobile customer base, expecting continued growth in 2012.
Ingram Micro is the largest global wholesale provider of technology products and services, operating in 36 countries with $30.7 billion in annual sales. In 2000, Ingram Micro focused on improving gross margins and reducing costs, leading to a 77% increase in operating profits despite challenges in sales growth. The company aims to continue enhancing its global distribution network and customer services to maintain its leadership position in the technology supply chain industry.
Highlights of the second quarter of 2011. Net sales amounted to SEK 24,143m (27,311) and income for the period was SEK 561m (1,028) or SEK 1.97 (3.61) per share. Net sales decreased by 2% in comparable currencies mainly as a result of lower prices.
Patrick D. Campbell Senior Vice President and Chief Financial Officerfinance10
3M aims to accelerate growth to enhance shareholder value. The presentation outlines plans to achieve 5-8% organic local currency growth in traditional businesses through leveraging existing assets, pursue international expansion, and continue productivity initiatives. It also discusses growing new market adjacencies at a faster pace through acquisitions and new brands. Maintaining strong margins and returns on invested capital as growth increases is a key focus.
The document is Parker Hannifin Corporation's 2008 annual report which summarizes the company's financial performance for the fiscal year. It highlights that Parker Hannifin generated $12.1 billion in revenues, had 960,000 products, 449,000 customers, 62,000 employees, and 298 manufacturing plants. The annual report covers how the company is applying its expertise in motion and control technologies across many industries to increase customer productivity and profitability.
Overview of the services offered by Landstar along with information on the Landstar system. Celebrating 25 years of Excellence in transportation and supply chain solutions!
Highlights of the first quarter of 2010. Net sales amounted to SEK 25,133m (25,818) and income for the period was SEK 911m (-346), or SEK 3.20 (-1.22) per share. Net sales increased by 4.1% in comparable currencies, due to higher sales volumes.
Financial Results for the Second Quarter and First Six Months 2012
1) For the second quarter, the company experienced 38% year-over-year sales growth but an operating loss of SEK -43.5 million due to non-recurring costs.
2) For the first half of the year, sales were up 51% year-over-year but the company reported an operating loss of SEK -55.6 million resulting from warehouse relocation costs and adjustments to their returned goods model.
3) While sales increased substantially, costs from strategic projects led to overall losses for both the quarter and first six months of the year.
Cdon group Q1 2013 and rights issue presentationQliro Group AB
CDON Group AB announces a rights issue of approximately SEK 500 million to strengthen its capital structure and facilitate growth. The goal is to double net sales from SEK 4.5 billion in 2012 to over SEK 9 billion in 2017. The rights issue is fully secured by a subscription commitment from major shareholder Kinnevik for 25% and a guarantee for the remainder. First quarter sales grew 10% year-over-year to SEK 1.051 billion while operating profit declined to a loss of SEK 7.8 million.
CDON Group reported financial results for the second quarter and first six months of 2013. Net sales increased 4.2% year-over-year in Q2 to SEK 964.3 million, driven by strong growth in the Fashion and Sports & Health segments. However, results were burdened by non-recurring costs of SEK 32 million at CDON. The rights issue completed in the quarter provided approximately SEK 502 million and restructured the Group's credit facilities. Net debt was reduced to SEK 50.0 million compared to SEK 590.3 million at the end of Q1.
CDON Group reported strong financial results for Q3 2011, with a 61% year-over-year increase in sales reaching a record SEK 826.4 million. Gross profit increased 46.7% and operating profit was SEK 33.7 million, excluding one-time items. For the first nine months of 2011, net sales increased 45% to SEK 2,087.3 million and gross profit grew 32.6%, while operating profit was SEK 77.6 million when excluding one-time costs. The company also launched new sites and expanded existing brands into new markets during the period.
CDON Group reported financial results for the third quarter and first nine months of 2013. Key highlights included growth and margin improvements in three of four business segments, with the Sports & Health segment continuing to deliver solid profitability. While net sales were slightly down year-over-year for the third quarter, excluding currency effects sales saw slight growth. The company saw an increase in cash flow from operations and a reduction in its net debt position compared to the previous year.
CDON Group reported financial results for the fourth quarter and full year of 2013. Key highlights included positive operating results across all four business segments, continued strong growth in the Sports & Health segment, healthy inventory levels and a stronger financial position. For the fourth quarter, net sales declined 4.6% compared to the previous year excluding divested operations and currency effects, mainly due to a decline in the Entertainment segment. The company launched new initiatives such as CDON.com's Marketplace and the expansion of Nelly.com to new markets.
1. CDON Group announced a rights issue of SEK 650 million to capture growth opportunities such as expanding subsidiaries like Nelly, launching the Qliro Payment Solution, and strengthening its balance sheet.
2. In Q3 2014, CDON Group saw sales growth of 21% and a positive operating profit. All business segments showed sales growth, led by a 30% increase at Nelly.
3. CDON Group will change to a new financial reporting structure with separate reporting for business segments like CDON.com, Nelly, Tretti, and Gymgrossisten. It will also adopt new long-term financial targets for each company.
- The document provides an overview of Qliro Group's financial and operational highlights for the third quarter and first nine months of 2015.
- Key points include completed initiatives at Lekmer and CDON warehouses, strengthened management teams, and continued growth at Tretti and CDON Marketplace.
- Business segments like Nelly saw growth in Sweden but lower sales in other Nordic countries. Gymgrossisten completed a reorganization.
- Financially, net sales were in line with last year but EBIT margins declined due to currency impacts. Cash flow from operations improved from Q3 2014.
Qliro Group reported 5% sales growth in the second quarter excluding foreign exchange effects. EBITDA improved to SEK 2.3 million compared to negative SEK 6.7 million in the prior year. Key highlights included a SEK 250 million sale of Tretti AB planned for the third quarter and earnings improvements at Nelly and Gymgrossisten. Sales growth continued at Lekmer and Qliro Financial Services development was in line with expectations.
Qliro Group Q4 and year-end results 2016qlirogroup
- Qlirogroup reported increased net sales of 2% and gross margin up 4.2 percentage points for Q4 2016.
- CDON Marketplace external merchant sales grew 75% in Q4. Nelly's operating income improved significantly over 30m SEK.
- Qliro Financial Services saw a 70% increase in revenue and positive profit before tax of 11.2m SEK for Q4.
- The company conducted a strategy review and some business segments faced challenges but showed improvements.
Qliro Group AB (publ.) Q4/FY 2014 Financial presentationqlirogroup
- Total sales for the company grew 15% in the fourth quarter and for the full year, with all business segments showing sales growth.
- EBITDA, excluding non-recurring items, was SEK 49 million for 2014, and the company had positive cash flow from operations of SEK 75 million.
- The company completed a SEK 647 million rights issue and early redemption of a SEK 250 million convertible bond.
- Cash and cash equivalents increased to SEK 534 million in the fourth quarter, and consolidated equity increased to SEK 1,314 million.
CDON Group reported 10% sales growth in the first quarter of 2014 with positive results. Three of the four business segments saw sales increases. Cash flow improved by 160 million SEK year-over-year. The Sports & Health segment continued its strong growth while the Fashion segment launched new sites in new markets.
- Gross margin increased 3 percentage points to 17.8% in Q3 2016 compared to Q3 2015. Operating income before depreciation and amortization (EBITDA) improved but was still negative at SEK -12.7 million.
- Nelly significantly improved operating income to SEK 10 million for Q3 2016. CDON Marketplace external merchant sales grew 75% in Q3 2016 compared to Q3 2015.
- Gymgrossisten continued to deliver solid profits in Q3 2016 as higher product margins offset slightly lower sales. Lekmer sales grew 3% in Q3 2016 but operating income margins remained negative.
- A strategic review of the group will be completed by the end
- Qliro Group reported net sales in line with the first quarter of last year. CDON Marketplace sales to external merchants grew 19% while overall sales declined 5%.
- Nelly sales grew 8% excluding foreign exchange effects, with strong 17% growth in Sweden. Gymgrossisten sales declined 11% from a record first quarter last year.
- Marcus Lindqvist was appointed as the new CEO of Qliro Group. The company expects growth rates to be consistent with or above market rates for each segment over the long term.
- Qlirogroup reported total sales of SEK 1.685,5 million in Q4 2015 and SEK 5.174,1 million for the full year, with growth in several business segments such as CDON Marketplace, Nelly, and Gymgrossisten.
- EBITDA excluding non-recurring items was SEK 7 million for Q4, with a net loss of SEK 29.4 million.
- Challenges continued at the Lekmer warehouse, with operational disturbances and a CEO change, contributing to a SEK 26.2 million one-time cost.
- Qliro Financial Services reported a positive EBITDA for the first time as the loan book grew
- Qlirogroup reported continued strong growth in the first quarter of 2015, with overall net sales up 8% and growth in three of its four business segments.
- Nelly sales grew 15% and CDON Marketplace's external merchant sales increased 83%, while Gymgrossisten and Tretti also saw sales growth.
- Qliro Financial Services launched successfully in December 2014 and continued its roll-out in the first quarter, processing over 500,000 orders and growing its business volume to SEK 447.9 million.
- The company expects further investment in growth across the Nordic region and for Qliro Financial Services to gradually improve earnings and be profitable in 2016.
In the second quarter of 2014:
- Net sales grew 16% to SEK 1,110.9 million across all business segments
- The Entertainment segment accounted for 40% of sales but saw a 7% growth in sales from CDON.com and strong growth at Lekmer
- Operating profit improved to break even at SEK 0.0 million compared to a loss of SEK -5.6 million in the same period last year
- Cash flow from operating activities improved to SEK 2.5 million from SEK -6.3 million in the second quarter of 2013
- Qlirogroup reported continued strong growth in the second quarter of 2015, with Nelly sales up 15% and CDON Marketplace up 75%.
- Net sales increased 15% to SEK 337.7 million for Nelly and 6% to SEK 205.5 million for Gymgrossisten.
- CDON Marketplace continues expanding, with gross merchandise value from external merchants up 75% and nearly 600 merchants now on the platform.
CDON Group presentation Copenhagen, January 2013Qliro Group AB
CDON Group AB is the largest e-commerce company in the Nordic region, operating 10 brands across 4 segments - entertainment, fashion, sports & health, and home & garden. In 2012, the company had sales of SEK 2.89 billion and 1,030 employees. It has the number 1 market position in its home markets and is among the top 3 in several other European countries. The company has grown organically and through acquisitions, and has been listed on the Nasdaq OMX Stockholm since 2010. Going forward, its strategy is to broaden its Cdon.com site into a Nordic shopping mall and expand its Nelly.com fashion brand internationally.
Modern Times Group reported record quarterly results for Q3 2010 with sales growth of 17% year-over-year at constant exchange rates. Operating income increased 50% excluding associated companies, driven by growth across all business segments. An extraordinary general meeting will be held on October 21 to vote on the proposed demerger and listing of the CDON Group e-commerce business. Overall, Modern Times Group saw increased revenues and profits in Q3 2010 compared to the previous year.
This annual report summarizes Parker Hannifin Corporation's financial performance for the fiscal year 2008. It highlights $12.1 billion in revenues, 960,000 different products sold to 449,000 customers across 1,200 markets. The company employs 62,000 people across 298 manufacturing plants organized into 135 divisions.
The Nordic market area represents 36% of Tele2's total revenue in Q2 2009. Tele2 Sweden aims to return to growth by capitalizing on its customer base and building out its own infrastructure in Norway. In Sweden, Tele2 will focus on maintaining its strong prepaid margins while growing its postpaid business to increase long-term revenue and cash flow. Tele2 provides the best deals through competitive pricing and multi-channel distribution to grow its customer base and market share.
This document provides an overview of Tele2 AB's financial performance in Q3 2012. Some key points:
1) Tele2 added 1.5 million net mobile customers in Q3, bringing its total customer base to 37.7 million.
2) Group net sales grew 9% excluding exchange rates to SEK 10,906 million. EBITDA was SEK 3,002 million with a 28% margin.
3) In Russia, Tele2 added 710,000 net customers and increased EBITDA margin to 38%, with ARPU continuing 4% annual growth.
JBS reported strong financial results for 3Q11, with net revenue increasing 10.6% over 3Q10. EBITDA margin expanded 101 bps to 5.1% and net debt to EBITDA ratio reduced from 3.2x to 3.0x excluding Pilgrim's Pride. Several business units performed well, with JBS Mercosul achieving an EBITDA margin of 11.6% and JBS USA Pork EBITDA 51.8% higher than 2010. The company has significant debt maturities from 2014-2021 secured by various subsidiaries and guaranteed by JBS S.A. and JBS USA. Ratings agencies assess JBS and Pilgrim's Pride credit ratings as BB
2011 Capital Markets Day focused on delivering shareholder value through exceptional profitability, high cash conversion, and investing in business development while returning cash to shareholders. The company has sustained OIBDA margins above 35% through 2010 and converts over 70% of OIBDA to operating cash flow. Since 2006 it has invested $515 million in net business acquisitions and plans to pay $100 million in dividends in 2011, expanding its regional broadcast network in Russia to drive advertising revenue growth.
Capital Markets Day 2011 Delivering Shareholder ValueGrigory Kuznetsov
Boris Podolsky, CFO of CTC Media, presented on delivering shareholder value at the 2011 Capital Markets Day. CTC Media has achieved exceptional profitability with OIBDA margins above 35% through a stable cost structure and investing in programming. The company generates strong cash flow, converts over 70% of OIBDA to cash, and intends to increase dividends while also returning cash through acquisitions. Management incentives are aligned with shareholders through an emphasis on long-term equity incentives tied to performance. For full-year 2011, CTC Media expects around 20% revenue growth and an OIBDA margin of 34-36%.
The document provides an overview of Tele2's financial and operational performance in the first quarter of 2010. Key highlights include robust results in the Nordic and Russian markets, with Sweden mobile revenue growing 3% and Russia achieving its highest ever EBITDA contribution. The Netherlands also performed well in the corporate segment. Overall, the group saw a 5% increase in EBITDA despite a 3% decline in net sales. Tele2 reiterated its strategic focus on growth in the postpaid segment and maintaining a long term mobile EBITDA margin of at least 35%.
Modern Times Group (MTG) reported its financial results for the second quarter of 2012. Revenue was stable year-over-year at both constant and reported exchange rates. Operating expenses grew 1% year-over-year at constant exchange rates. Net income for the quarter was SEK 454 million, down compared to SEK 479 million in the second quarter of 2011. For the first half of the year, revenue increased 2% at constant exchange rates while operating expenses grew 4% due to investments in programming. Net income for the first six months of 2012 was SEK 908 million.
Tele2 AB - Presentation on Citigroup TMT conference 20120320Tele2
Tele2 offers telecom products and services including mobile and fixed telephony, broadband, and related services. It has 34 million customers across 11 countries in Europe and Central Asia. In 2011, Tele2 had sales of SEK 40.8 billion and EBITDA of SEK 10.9 billion. The company focuses on growing its customer base, expanding 4G networks, and evaluating opportunities for growth through acquisitions and new licenses.
The interim report summarizes the company's performance in the first three quarters of 2008. Key highlights include operating margins reaching an all-time high of 15.8% and EBIT growth of 25%. Vehicle deliveries increased 4% while service revenue grew due to the large installed base of vehicles. The outlook acknowledges earnings will be higher in 2008 than 2007 but provides no forecast for 2009 due to uncertainty.
The interim report summarizes the company's performance in the first three quarters of 2008. Key highlights include operating margins reaching an all-time high of 15.8% and EBIT growth of 25%. Revenue and profitability increased due to higher vehicle and service volumes, price increases, and favorable product mix. However, order bookings for trucks have declined 51% in Western Europe and 34% in Central and Eastern Europe. While flexible production has helped, earnings forecasts for 2009 are not provided due to economic uncertainty. The service business continues growing with increased traffic and workshop utilization.
The 2003 annual report summarizes Fiserv's financial performance for the year. Some key highlights include:
- Processing and services revenues increased 22% to $2.7 billion.
- Net income grew 18% to $315 million.
- Diluted earnings per share rose 18% to $1.61.
- Cash flow from operations increased 16% to $598.1 million.
- The number of employees grew 12% to 21,700 and number of clients increased 15% to 15,000.
The document provides highlights from MMX Mineração e Metálicos S.A.'s 2012 results. It notes that production was 7.4 million tons, sales were 6.9 million tons, net revenues were R$806 million, and net profit was R$ -792 million. It also provides photos showing construction progress on the expansion of the Serra Azul Unit and the Sudeste Superport. The document concludes with investor relations contact information.
The document is PETsMART's 2002 annual report. It summarizes that in 2002:
- PETsMART grew its total sales to $2.7 billion and net income increased to $88.9 million.
- Margins increased to 29.2% and pet services sales grew 29%.
- The company completed transforming its stores into the new format and building out its distribution system.
- Going forward, PETsMART plans to focus on growing pet services, testing new concepts like pet boarding, and continuing to improve customer experience.
The document is PETsMART's 2002 annual report. It summarizes that in 2002:
- PETsMART grew its total sales to $2.7 billion and net income increased to $88.9 million.
- Margins increased to 29.2% and pet services sales grew 29%.
- The company completed transforming its store format and distribution system to better meet customer needs.
- It is focused on growing pet services like grooming and training, and testing new services like boarding.
- PETsMART aims to continue executing its strategy to provide total lifetime care for pets and build its brand.
Sri Lanka stock market weeekly foreign holding update 6 jan 2012Ishara Gamage
Foreign investors sold Sri Lankan stocks totaling Rs.154 million for the week. Commercial Bank and JKH saw the highest levels of foreign selling, while Ceylon Tobacco had the most foreign buying, though at relatively lower levels. Overall foreign participation in the market remained subdued.
The document provides financial results for Modern Times Group for Q3 2011. Key points include:
- Sales were up 4% year-over-year for Q3 and up 3% year-over-year for the first nine months of 2011.
- EBIT before associated company income was up 6% for Q3 and up 7% for the first nine months.
- Operating margins increased from 11% to 12% for Q3 and remained stable at 14% for the first nine months.
The document provides financial information for Ramirent, a construction equipment rental company, for Q4 2011 and full year 2011. Key highlights include:
- Net sales for Q4 2011 were up 24.4% to MEUR 186.8, with organic growth of 17.8%. Full year net sales increased 22.3% to MEUR 649.9.
- EBITDA for Q4 2011 was MEUR 55.0 compared to MEUR 36.9 in Q4 2010. Full year EBITDA was MEUR 181.8 compared to MEUR 127.4 in 2010.
- Nine acquisitions and two outsourcing deals were completed in 2011 to support growth,
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
Navigating Your Financial Future: Comprehensive Planning with Mike Baumannmikebaumannfinancial
Learn how financial planner Mike Baumann helps individuals and families articulate their financial aspirations and develop tailored plans. This presentation delves into budgeting, investment strategies, retirement planning, tax optimization, and the importance of ongoing plan adjustments.
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
The Rise and Fall of Ponzi Schemes in America.pptxDiana Rose
Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
1. Bernie Madoff: Perhaps the most notorious Ponzi scheme in recent history, Bernie Madoff’s fraud involved $65 billion. Madoff, a well-respected figure in the financial industry, promised steady, high returns through a secretive investment strategy. His scheme lasted for decades before collapsing in 2008, devastating thousands of investors, including individuals, charities, and institutional clients.
2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...Alexander Belyaev
Calculation of compliance cost in the fishing industry of Russia after extended SCM model (Veterinary and sanitary control of aquatic biological resources (ABR) - Preparation of documents, passing expertise)
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
2. Third quarter highlights
• Continued strong year on year sales growth of 19 %
• Launch of Tretti.com’s assortment on CDON.com
• Launch of Sports & Leisure products on CDON.com
• Acquisition of logistics operations in Falkenberg, Sweden
• Changes in CDON Group’s management team
• Increase of overdraft facility to SEK 320 million
2
3. Third quarter
19% year on year sales growth in the third quarter
Operating development
• Net sales up 19% y/y to SEK 982.5 (826.4) mn
• Net sales up 22% at constant exchange rates 1 200 12.0%
983
1 000 826 10.0%
• Gross profit down 1% y/y to SEK 135.2 (136.5) mn & 800 8.0%
SEK (million)
Margin
gross margin of 13.8% excl. non-recurring items 600 6.0%
• Gross profit up 6% y/y to SEK 128.6 (121.5) mn with a 400 4.0%
gross margin of 13.1%, incl. non-recurring items of 200 2.3% 2.0%
19 -8
SEK 6.6 mn 0 0.0%
-200 -0.8% -2.0%
Q3 2011 Q3 2012
• Operating profit of SEK -1.0 (33.7) mn & operating Net Sales Operating profit Operating margin
margin of -0.1% excluding non recurring items
• Operating profit of SEK -7.6 (18.7) mn & operating
No. of website visits (’000) No. of orders (’000)
margin of -0.8% including non-recurring items of SEK
6.6 mn 60 000 1 800
• Pre-tax profit of SEK -16.4 (13.3) mn & net income of +29% 1 600 +14%
50 000
SEK -11.3 (11.5) mn 1 400
40 000 1 200
• Earnings per share of SEK -0.16
1 000
30 000
800
20 000 600
400
10 000
200
0 0
Q3 2011 Q3 2012 Q3 2011 Q3 2012
Entertainment Fashion Entertainment Fashion
Sports & Health Home & Garden Sports & Health 3
Home & Garden
4. First Nine Months
Sales growth of 38% YTD
• Net sales up 38% y/y to SEK 2,888 (2,087) mn Operating development
• Net sales up 39% at constant exchange rates
3 500 8.0%
2 889
• Gross profit up 15% y/y to SEK 427.7 (372.8) mn & gross 3 000
6.0%
2 500 2 087
margin of 14.8% excl. non-recurring items
SEK (million)
4.0%
2 000
Margin
• Gross profit up 4.3% y/y to SEK 373.2 (357.8) mn & gross 1 500
2.8%
2.0%
margin of 12.9% incl. non-recurring items of SEK 54.5 mn 1 000
0.0%
500 58 -2.2%
-2.0%
• Operating profit of SEK -4.9 (77.7) mn & operating 0
-63
-500 YTD 2011 YTD 2012 -4.0%
margin of -0.2% excl. non-recurring items
• Operating profit of SEK -63.2 (57.9) mn & -2.2% operating Net Sales Operating profit Operating margin
margin incl. non-recurring items of SEK 58.3 mn mainly
related to Nelly.com’s warehouse relocation No. of website visits (’000) No. of orders (’000)
180 000 5 000
• Pre-tax profit of SEK -82.4 (45.1) mn & net income of 160 000 +50% 4 500 +19%
SEK -61.4 (34.6) mn 140 000 4 000
120 000 3 500
3 000
100 000
• Basic earnings per share of SEK -0.88 (0.53) and diluted 80 000
2 500
2 000
earnings per share of SEK -0.88 (0.53)* 60 000
1 500
40 000 1 000
*Basic earnings per share for all periods has been calculated on the average number of
outstanding shares for the periods, amounting to 66,342,124. Diluted earnings per share for all 20 000 500
periods has been calculated on the average number outstanding shares after dilution for the 0 0
periods, amounting to 72,921,071. YTD 2011 YTD 2012 YTD 2011 YTD 2012
Entertainment Fashion Entertainment Fashion
Sports & Health Home & Garden Sports & Health 4
Home & Garden
7. Entertainment
Continued strong growth within the Electronics category and Toys category
Operating development
• Sales up 22% y/y in Q3 and 27% y/y YTD
• The Electronics category and Toys category showed a 1600 1473 10.0%
continued strong growth rate and increased their 1400
1157 8.0%
share of segment sales 1200
SEK (million)
• The assortment in the Electronics category was further
Margin
1000 6.0%
broadened, the new product category Sports & Leisure 800 5.5%
was launched and the product range from the 525 4.5%
600 430
3.7% 3.8% 4.0%
Tretti.com store was added
400
2.0%
200 24 52 56
20
• Represented 53% (52%) of total Group sales in Q3 0 0.0%
and 51% (55%) YTD Q3 2011 Q3 2012 YTD 2011 YTD 2012
Net Sales Operating profit Operating margin
• Operating profits of SEK 19.6 (23.7) mn in Q3 and SEK
No. of website visits (’000) No. of orders (’000)
55.6 (51.8) mn YTD
• Operating margin of 3.7% (5.5%) in Q3 and 3.8% 22 500 1 060
+15% +9%
(4.5%) YTD 22 000 1 040
21 500
1 020
21 000
1 000
20 500
20 000 980
19 500 960
19 000
940
18 500
920
18 000
17 500 900
Q3 2011 Q3 2012 Q3 2011 Q3 2012
7
8. Fashion
23% year on year revenue growth in Q3 following increased market shares for
Nelly.com in the Nordic region and the growth of Members.com and Heppo.com
Operating development
• Sales increased by 23% y/y in Q3 and by 36% y/y YTD
• Segment growth in the third quarter was mainly due 800
to an increase in market shares for Nelly.com in the 616 12.0%
Nordic region and growth of Member.com and 600
453 6.0%
Heppo.com
SEK (million)
Margin
400 1.4% 0.0%
1.5%
• Growth was reduced in the period as finetuning
157 193 -6.0%
processes and systems were adapted following 200
Nelly.com’s warehouse relocation 6 -12.0%
2 -15.7%
0
-18.0%
-30
• Represented 20% (19%) of total Group sales in Q3 -20.5%
-200 -126 -24.0%
and 21% (22%) of total Group sales YTD Q3 2011 Q3 2012 YTD 2011 YTD 2012
Net Sales Operating profit Operating margin
• Operating profits of SEK -30.3(2.3) mn including non-
No. of website visits (’000) No. of orders (’000)
recurring items of SEK 6.6 mn
• Operating margin of -15.7% (1.5%) in Q3 and -20.5% 30 000 350
+43% +30%
(1.4%) YTD 300
25 000
• Nelly’s warehouse relocation resulted in non-recurring
250
items of SEK 6.6 mn in the quarter 20 000
200
15 000
150
10 000
100
5 000 50
0 0
Q3 2011 Q3 2012 Q3 2011 Q3 2012
8
9. Sports & Health
32% year on year revenue growth in Q3
Operating development
• Sales up 32% y/y in Q3 and 31% y/y YTD
• Gymgrossisten/Bodystore has taken market shares in 400 368 14.0%
each country 12.0%
280
• The strategy of focusing on growth in Germany 10.5% 9.5% 10.0%
SEK (million)
remains
Margin
9.7%
8.6% 8.0%
200
6.0%
• Sports & Health segment represented 13% (11%) of 93 124
4.0%
Group sales in Q3 and 13% (13%) YTD
29 35 2.0%
9 11
0 0.0%
• Operating profits of SEK 10.6 (9.0) mn in Q3 and SEK Q3 2011 Q3 2012 YTD 2011 YTD 2012
34.9 (29.5) mn YTD Net Sales Operating profit Operating margin
• Operating margins of 8.6% (9.7%) in Q3 and margins of
9.5% (10.5%) YTD No. of website visits (’000) No. of orders (’000)
3 500 180
+36% +27%
160
3 000
140
2 500
120
2 000 100
1 500 80
60
1 000
40
500
20
0 0
Q3 2011 Q3 2012 Q3 2011 Q3 2012
9
10. Home & Garden
Tretti.com’s product assortment was added to Cdon.com
Operating development
• The YTD 2011 figures for the Home & Garden
segment includes Rum21 from Feb 2011 and 500
434
8.0%
450
Tretti.com from June 2011 400 6.0%
350
SEK (million)
4.0%
Margin
300
• The segment’s sales amounted to SEK 141.6 (146.0) 250 2.3% 197
2.1% 2.0%
mn in Q3 and to SEK 434.0 (197.4) mn YTD 200 146
142
150 0.0%
• Sales in the quarter have been slow, as has the overall 100
Swedish market for white goods -0.9%
50 3 4 -2.4% -2.0%
• The Room21.com online store has grown according to 0
-50 -1 -11 -4.0%
plan
Q3 2011 Q3 2012 YTD 2011 YTD 2012
Net Sales Operating profit Operating margin
• Home & Garden accounted for 14% (18%) of total
Group sales in Q3 and 15% (9%) YTD No. of website visits (’000) No. of orders (’000)
3 000 60
+29% +13%
• Operating profit of SEK -1.3 (3.3) mn in Q3 and of SEK 58
2 500
-10.6 (4.0) mn YTD
56
• Operating margins of -0.9% (2.3%) in Q3 and of -2.4% 2 000
(2.1%) YTD 54
1 500
• Operating profit in the segment is weighted down by 52
the expansion of Room21.com, as well as by the price 1 000
50
pressure we see in white goods
500 48
0 46
Q3 2011 Q3 2012 Q3 2011 Q3 2012
10
12. Income Statement
• Net interest & other financial items of 2012 2011 2012 2011
SEK -8.8 (-5.4) mn in Q3 reflected: (SEK million) Jul-Sep Jul-Sep Jan-Sep Jan-Sep
• The Group’s revolving credit facility Net Sales 982.5 826.4 2 888.9 2 087.3
Gross profit 128.6 121.5 373.2 357.8
• Interest costs related to the convertible
bond issued in December 2010 Gross margin (%) 13.1% 14.7% 12.9% 17.1%
Operating profit excl non-
-1.0 33.7 -4.9 77.6
recurring items
• Positive income tax effect of SEK 5.1 Operating margin% -0.1% 4.1% -0.2% 3.7%
(-1.8) mn in the quarter as a result of Operating profit incl non-
-7.6 18.7 -63.2 57.9
activated capitalized loss carryforwards recurring items
Operating margin% -0.8% 2.3% -2.2% 2.8%
Income before tax -16.4 13.3 -82.4 45.1
Net income -11.3 11.5 -61.4 34.6
Basic earnings per share (SEK) -0.16 0.18 -0.88 0.53
Diluted earnings per share -0.16 0.18 -0.88 0.53
12
13. Cash Flow
• Cash flow from operating activities before 2012 2011 2012 2011
changes in working capital of SEK 1.2 (30.9) (SEK million) Jul-Sep Jul-Sep Jan-Sep Jan-Sep
mn in Q3 Cash flow from operating
1.2 30.9 -81.7 51.1
activities
Changes in working capital -93.6 -59.4 -291.2 -161.1
• SEK -93.6 (-59.4) million change in working
capital in Q3 Cash flow from operations -92.4 -28.4 -372.9 -110.0
Cash flow from/to investing
-6.1 -10.3 -32.7 336.3
activities
• Cash flow to investing activities of SEK
Cash flow from/to financing
-6.1 (-10.3) mn in Q3 0.0 -35.5 0.0 150.0
activities
• Primarily reflected investments in the Change and cash equivalents for
Group’s web platforms -98.5 -74.2 -405.7 -296.3
the period
Cash and cash equivalents at the
110.4 209.3 417.4 431.3
period's start
Translation difference -2.9 0.4 -2.7 0.4
Cash and cash equivalents at the
9.0 135.5 9.0 135.5
period's end
13
14. Financial Position
• Capital employed decreased by SEK 10.2 mn 2012 2011 2011
y/y to SEK 740.4 mn in Q3 (SEK million) 30-sep 30-sep 31-Dec
Total non-current assets 617.2 592.9 603.3
• Return on capital employed declined y/y to Inventories 682.9 474.9 459.1
1.1% (15.8%) in Q3, which mainly is Total receivables 173.2 143.4 145.6
explained by the lower operating profit
Cash and cash equivalents 9.0 135.5 417.4
compared to last year, acquisition of Tretti
AB in June 2011 as well as higher inventory Total assets 1 482.3 1 346.8 1 625.3
Total equity 354.5 389.1 417.3
• Total interest bearing loans of SEK 370.9
Interest bearing liabilities 385.9 377.8 410.4
(362.8) mn at the end of Q3
Non-interest bearing liabilites 741.9 579.9 797.6
• Net debt position of SEK 361.8 (227.3) mn Total equity and liabilities 1 482.3 1 346.8 1 625.3
at the end of Q3, compared to SEK 258.4 at
the end of Q2
• Cash and cash equivalents decreased to SEK
9.0 (135.5) mn at the end of Q3, compared
to SEK 110.4 mn at the end of Q2
14
15. For further information, please visit www.cdongroup.com or
contact:
CDON Group Investor Relations
+ 46 (0) 70 080 75 04
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