ASPO INTERIM REPORT JANUARY 1 - JUNE 30, 2005
2005-08-24T10:41:04 CETThe net sales of the Aspo Group totaled EUR 94.9 million (EUR 88.1 million). The operating profit for the period was EUR 6.6 million (EUR 9.1 million) and the profit before taxes and minority holdings was EUR 6.0 million (EUR 8.4 million). Earnings per share were EUR 0.17 (EUR 0.29). The Group's net sales for the year are expected to increase by 10% and the comparable profit should remain at last year's level.
The prospects for the Aspo Group's second half-year performance are quite positive. The cancellation of the Chemicals Division's acquisition will reduce by some percentage points the growth forecast of the Group's net sales for the year as a whole. The risks of doing business in the Baltic Sea region related to international markets are connected with the development of oil prices and the US dollar exchange rate, as well as the world market prices of chemicals and ocean freights. With the exception of chemicals prices these risks are not expected to have any significant effect on earnings.
ASPO Plc
Gustav Nyberg Dick Blomqvist
CEO CFO
The full report including tables can be downloaded from the following link: