Nordic Business Report-April 24, 2006-Synnove Finden ASA posts Q1 operating result of NOK5.8m
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The Norwegian dairy group Synnove Finden ASA issued on Monday (24 April) its interim report for the first quarter, posting an operating result of NOK5.8m, as compared to NOK4.6m in the first quarter of 2005.
The result was burdened by start-up costs and restructuring costs of a total of NOK8.1m.
Operating revenues amounted to NOK260.3m, up from NOK194.5m in the first quarter last year. The dairy business developed especially well, improving revenues by 40% to NOK201.7m
One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).
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