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New Wave expects higher sales for 2008
21 Apr '08
2 min read
SALES:
January – March:
The turnover for the period increased by 33 % to MSEK 1 015 (760), of which acquired units have contributed MSEK 197. The currency exchange rate has had a positive effect on sales by MSEK 6.
The organic growth amounted to 8%. The period is most probably effected by a negative calendar effect due to an early Easter. Growth during the first months was higher than the quarter as a whole.
The sales growth was good in all regions except the USA. The operations in America have been effected by a weaker market in the USA, especially Orrefors Kosta Boda Inc.
The information in this Report is that which New Wave is required to disclose under the Securities Exchange and clearing Operations Act and/or the Financial Instruments Trading Act. It was released for publication at 07.00 CET on 21 April, 2008.
January – March:
The turnover for the period increased by 33 % to MSEK 1 015 (760), of which acquired units have contributed MSEK 197. The currency exchange rate has had a positive effect on sales by MSEK 6.
The organic growth amounted to 8%. The period is most probably effected by a negative calendar effect due to an early Easter. Growth during the first months was higher than the quarter as a whole.
The sales growth was good in all regions except the USA. The operations in America have been effected by a weaker market in the USA, especially Orrefors Kosta Boda Inc.
The information in this Report is that which New Wave is required to disclose under the Securities Exchange and clearing Operations Act and/or the Financial Instruments Trading Act. It was released for publication at 07.00 CET on 21 April, 2008.
New Wave Group AB
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