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Kanthal improved profit posted

A profit after net financial items of SKr 224 million in the first nine months of 1995 was posted by Swedish company Kanthal, compared with a profit of SKr 132 million in the same period for the previ…

A profit after net financial items of SKr 224 million in the first nine months of 1995 was posted by Swedish company Kanthal, compared with a profit of SKr 132 million in the same period for the previous year. Operating profits after depreciation rose to SKr 266 million from SKr 196 million. Invoicing increased by 20% to SKr 1,267 million (January-September 1994: SKr 1,058 million) while order intake rose by 18% to SKr 1,340 million. The company reiterated its earlier forecast for a full-year profit after net financial items “in the region of SKr 300 million”.

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