Wednesday, November 6, 2013

HKScan Q3 – Financial costs reduced but Finland plunged



HKScan’s Q3 earnings per share met expectations.  Result in the Baltics was a big positive surprise and HKScan’s businesses in Sweden went slightly better than expected.  Especially encouraging is the fact that that financial costs reduced markedly. However, in Finland the earnings tumbled down and the result in Poland – after the excellent H1 - has now turned to worse.  The result in Denmark was a disappointment as well.  We will return the Q3 Interim Report later this week.


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