HL Display

HL Display (STO:HLB) Year-end report 2008 HL Display AB (publ)

HL Display (STO:HLB) Xavier Volpato, Supply Chain Director, takes on a broader role as Head of Operation

HL Display (STO:HLB) * Sales during the third quarter of 2008 amounted to MSEK 367 (378), operating profit amounted to MSEK 36 (35) and profit before tax to MSEK 38 (33). Net profit was reported as MSEK 26 (23) and profit per share after dilution was SEK 0.84 (0.73) for the same period. * Net sales for the period amounted to MSEK 1 154 (1 158). Operating profit was MSEK 110 (112) and profit before tax was MSEK 110 (107). Net profit amounted to MSEK 78 (74). * EBITA-margin for the third quarter was 10.3% and for the period 9.6%. * Profit per share after dilution amounted to SEK 2.51 (2.38) for the first nine months of the year. * For the full year a slight decrease in net sales and EBITA are expected.

HL Display * Sales during the second quarter of 2008 amounted to MSEK 404 (389), operating profit amounted to MSEK 44 (39) and profit before tax to MSEK 44 (36). Net profit was reported as MSEK 31 (25) and profit per share after dilution was SEK 1.01 (0.81) for the same period. * Net sales for the period amounted to MSEK 787 (779). Operating profit was MSEK 75 (77) and profit before tax was MSEK 72 (73). Net profit amounted to MSEK 52 (51). * EBITA for the second quarter was 10.8% and for the period 9.5%. * Profit per share after dilution amounted to SEK 1.67 (1.64) for the first six months of the year. * A 4:1 share split was carried out with record date on 28 April. * Revised sales forecast for 2008.