1:45PM Frankfurt, Germany H & M Hennes & Mauritz AB sales rose 6.5% and net profit rose 26.7%. Nokia Corporation sales fell 5.3% and net profit rose 65%.
H & M Hennes & Mauritz AB, the fashion retailer said fourth quarter sales rose 6.5% to SEK28.0 billion from SEK26.3 billion a year ago. Net profit for the quarter rose 26.7% to SEK6.15 billion or SEK7.44 per diluted share compared to net profit of SEK5.09 billion or SEK6.15 per share a year ago.
Sales for the full-year rose 14.6% to SEK101.4 billion from SEK88.5 billion a year ago. Net profit for the full-year rose 7% to SEK16.4 billion or SEK19.80 per diluted share compared to net profit of SEK15.3 billion or SEK18.48 per share a year ago.
Nokia Corporation, the maker of mobile phones said fourth quarter sales fell 5.3% to 12.0 billion from 12.7 billion a year ago. Net profit for the quarter rose 65% to 948 million or 0.26 per diluted share compared to net profit of 576 million or 0.15 per share a year ago.
Sales for the full-year fell 19% to 41.0 billion from 50.7 billion a year ago. Net profit for the full-year fell 78% to 891 million or 0.24 per diluted share compared to net profit of 3.99 billion or 1.05 per share a year ago.
Saft Groupe SA, the battery maker said fourth quarter revenues declined 8.9% to 148.7 million from 163.1 million a year ago and fell 6% at constant exchange rates.
Sales for the full-year fell 8.2% to 559.3 million from 609.4 million a year ago and fell 9.6% at constant exchange rates.
Saft Groupe SA, in the last one year traded as high as 40.92 in October 2009 and as low as 16.33 in March 2009. Based on the yesterdays closing price of 31.97 the company has market cap of 791.87 million.
SeLoger.com SA, an online real estate property advertising company said full-year sales rose 1.9% to 73.0 million from 71.7 million a year ago. Classified Ads and Media sales rose 3.5% to 61.7 million from 59.6 million a year ago.
Website design and listing services sales fell 9.5% to 5.32 million from 5.88 million a year ago. Real estate software Pιriclθs sales fell 2.6% to 6.07 million from 6.23 million a year ago.
SeLoger.com SA, in the last one year traded as high as 28.35 in September 2009 and as low as 11.35 in March 2009. Based on the yesterdays closing price of 26.15 the company has market cap of 434.82 million. |