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Braking News |
5th August 2005 - Haldex 1st Half 2005 Summary of Results
January – June
| • | Earnings after tax rose 40% to MSEK 145 (104). |
| . | Earnings per share rose 41% to SEK 6.53 (4.62). |
| • | Earnings before tax increased 37% to MSEK 205 (149). |
| • | Operating income increased 27% to MSEK 232 (183). |
| • | Return on capital employed (rolling 12 month) improved to 13.7% (11.2). The operating margin increased to 6.1% (5.3). |
| • | Net sales rose 10% to MSEK 3,806 (3,456). The increase was 12% after adjusting for currency exchange rates. |
| • | Order intake rose 6% to MSEK 3,970 (3,751). The increase was 8% after adjusting for currency exchange rates |
April – June
| • | Net sales increase 11.8%Earnings after tax increased 39 % to MSEK 72 (51) |
| . | Earnings per share rose 41% to SEK 3.24 (2.29) |
| • | Earnings before tax increased 39% to MSEK 103 (74) |
| . | Operating income improved 31% to MSEK 115 (88). |
| • | Net sales increased 12 % to MSEK 1,962 (1,753). |
| . | Order intake increased 3 % to MSEK 1,928 (1,876). |
| • | Joakim Olsson new President & CEO. |
| • | New China factory has started production of brake components. |
Source: Haldex Press Release