Gunnebo under pressure from steel prices and dollar

Security company Gunnebo’s figures for 2004 came out at the lower end of market expectations. The profit for 2004 amounted to 225 million crowns. The weak dollar and high steel prices pulled down the result, as did structuring charges taken in the fourth quarter.

Carnegie profits from stock market boom

Carnegie’s result was boosted by a strong stock market last autumn. Its share price rose by 9 per cent when its fourth quarter profit of 188 million crowns was announced.

SAS company in dock

Jet Blue, an American airline, has accused SAS’s Finnish subsidiary, Blue 1, of violating its brand name rights. Blue 1’s logotype and blue colour look like copies of Jet Blue’s. Blue 1 changed it name from Air Botnia about a year ago.

Gothia Towers rises above the crowd

The Gothia Towers Hotel in Gothenburg, which is owned by the Swedish Trade Fair Foundation, increased its occupancy ratio to 64 per cent last on a market that fell by two points to 63 per cent. It accounted for 11.5 per cent of all room-nights in Gothenburg last year.

New reversal for Axfood

PrisXtra has changed food supplier away from Axfood’s Dagab to Bergendahlsgruppen. Vivo Stockholm also switched from Dagab to Bergendahls last autumn.

Sources: Dagens Nyheter, Svenska Dagbladet, Dagens Industri


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