EKO - Ekornes Q3 2007
The company has noticed that the "consensus" from the published market analysis is showing a pre-tax result of NOK 124 mill. The analysis has not sufficiently taken into consideration the development in the foreign exchange and raw material markets. In addition the Q3 result is affected by the result implications of consolidating the Balance at lower currency exchange values and a higher exchange volume of USD on lower exchange rates than expected by the time of the release of the Q2 report.
After the Board Meeting on Monday 12 November the company will present a report for Q3 2007 showing a revenue of NOK 616.6 mill., an operating result of NOK 102.8 mill and a pre tax result of NOK 81.4 mill.
Ekornes ASA
Nils-Fredrik Drabløs
CEO
Announcements
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