Abstracts » Business, international

OM's profit declines sharply, hurt by price cuts, market fall

Article Abstract:

OM AB posted a decline in its profits for the 2001 first-quarter. The company posted 25 million kronor (2.76 million euros) in pretax profits for the quarter ending March 31, 2001, compared to 299 million kronor during the same period in 2000.

Securities & Commodities Exchanges, Security brokers and dealers

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OM had a pretax loss in the first half of 2001

Article Abstract:

OM AB posted a 36 million kronor (3.9 million euros) pretax loss for the 2001 first-half. The company posted a 473 million kronor profit during the same 2000 period.

Securities Exchanges, Stock exchanges, Electronic trading (Securities), Online securities trading

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Skanska's 1st-half profit increased 64%

Article Abstract:

Skanska AB posted an improvement of 64% in its profits for the first-half of 1999. The company also said that it expects to see strong results for the entire 1999 year. Skanska is the largest construction and property group in Sweden. The group posted 4.93 billion kronor (566.4 million euros) in pretax profits for the period. During the same period in 1998, Skanska posted 3.01 billion kronor.

Comment:

Posts improvement of 64% in profits for first-half of 1999

Construction, Construction industry, Abstract, Skanska AB

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