Cardo - Annual Report 2007
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Table of contents
Page 1 - ANNUAL REPORT 2007 ...
Page 2 - CARDO IN BRIEF Cardo is an international industrial group with leading brands,...
Page 3 - CONTENTS Continued growth in 2007 1 CEO’s comments 2 How Cardo is managed 4...
Page 4 - HIGHLIGHTS THE CARDO GROUP NET SALES OPERATING EARNINGS NUMBER OF EMPLOYEES AT...
Page 5 - CONTINUED GROWTH IN 2007 HIGHLIGHTS RESULTS .. Inflow of orders: SEK 9,459...
Page 6 - “CLEAR STRATEGY, BUT MANY CHALLENGES” CEO’S COMMENTS During 2007, the contours...
Page 7 - CEO’S COMMENTS aware of what needs to be done and a number of necessary initiatives...
Page 8 - OUR VISION CREATING THE NEW CARDO HOW CARDO IS MANAGED Cardo will be a customer-oriented...
Page 9 - NOTES NOTE 13. SHARES IN SUBSIDIARIES Book value Corporate identity number Registered...
Page 10 - Sergio Gómez, research and development Lofi Fernández, finance ...
Page 11 - HOW CARDO IS MANAGED SALES AND COST AGENDA 2007 During 2005, a strategic initiative...
Page 12 - HOW CARDO IS MANAGED STRATEGIES FOR GROWTH EXAMPLES OF ACTIVITIES IN 2007 Moving...
Page 13 - HOW CARDO IS MANAGED BUSINESS MODEL CENTERED ON INCREASED GROWTH AND PROFITABILITY...
Page 14 - HOW CARDO IS MANAGED DOOR & LOGISTICS SOLUTIONS .. Crawford is the corporate...
Page 15 - THE SHARE CARDO IN THE STOCK MARKET 2007 Cardo has been listed on the stock exchange...
Page 16 - THE SHARE 500 1,000 1,500 2,000 2,500 3,000 100 200 300 400 500 600...
Page 17 - CONTINUED GROWTH GROUP 2007 During 2007, Cardo took further steps towards its...
Page 18 - OPERATIONS 2007 lion for 2007. The move of a production line did not give the...
Page 19 - OPERATIONS 2007 GROUPWIDE FUNCTIONS HUMAN RESOURCES The point of departure for...
Page 20 - OPERATIONS 2007 and other low-cost countries for many years and to an increasing...
Page 21 - DOOR & LOGISTICS SOLUTIONS COMPLETE SOLUTIONS STRENGTHENING CUSTOMER RELATIONS...
Page 22 - DIVISION: DOOR & LOGISTICS SOLUTIONS SALES AND EARNINGS SIGNIFICANT EVENTS The...
Page 23 - DIVISION: DOOR & LOGISTICS SOLUTIONS Ababakr Abdelkarim, assembler ...
Page 24 - DIVISION: DOOR & LOGISTICS SOLUTIONS TARGET-ORIENTED BRAND WORK The division...
Page 25 - WASTEWATER TECHNOLOGY SOLUTIONS ENVIRONMENTAL DEBATE INCREASES NEED FOR WASTEWATER...
Page 26 - DIVISION: WASTEWATER TECHNOLOGY SOLUTIONS SALES AND EARNINGS SIGNIFICANT EVENTS...
Page 27 - DIVISION: WASTEWATER TECHNOLOGY SOLUTIONS Peter Marusic, CNC operator ...
Page 28 - DIVISION: WASTEWATER TECHNOLOGY SOLUTIONS INFRASTRUCTURE, ENVIRONMENT AND FINANCING...
Page 29 - PULP & PAPER SOLUTIONS INNOVATIVE PRODUCT DEVELOPMENT SETS STANDARD FOR THE INDUSTRY...
Page 30 - DIVISION: PULP & PAPER SOLUTIONS SALES AND EARNINGS The inflow of orders amounted...
Page 31 - The L&W Felt Moisture Meter. Moisture meter for the press felts in paper machines....
Page 32 - DIVISION: PULP & PAPER SOLUTIONS STRONG MARKET POSITIONS Both Scanpump and Lorentzen...
Page 33 - RESIDENTIAL GARAGE DOORS BROADENED RETAIL ORGANIZATION IN TOUGH MARKET The division...
Page 34 - DIVISION: RESIDENTIAL GARAGE DOORS SALES AND EARNINGS SIGNIFICANT EVENTS The...
Page 35 - DIVISION: RESIDENTIAL GARAGE DOORS The g60 door was launched during the year. The...
Page 36 - DIVISION: RESIDENTIAL GARAGE DOORS FOCUS ON EXCLUSIVE RETAILERS Residential Garage...
Page 37 - EMPLOYEES 2007 EMPLOYEES AND CARDO’S HR WORK Laura Parri, supply chain The ability...
Page 38 - EMPLOYEES 2007 RECRUITMENT & RESOURCING THE MOST IMPORTANT INITIATIVES DURING 2007...
Page 39 - CARDO’S RESPONSIBILITY CARDO’S RESPONSIBILITY Being an integrated part of the...
Page 40 - CARDO’S RESPONSIBILITY Loet Makelaar, assembler Blend Jalal, assembler Andre...
Page 41 - RISK MANAGEMENT RISK MANAGEMENT All companies must manage risks successfully...
Page 42 - RISK MANAGEMENT CARDO S AIMS RISK MANAGEMENT Policies and manuals Spreading...
Page 43 - CARDO AB (PUBL) -ANNUAL REPORT 2007 ...
Page 44 - REPORT OF THE BOARD OF DIRECTORS REPORT OF THE BOARD OF DIRECTORS STRUCTURE AND...
Page 45 - REPORT OF THE BOARD OF DIRECTORS SYNDICATED LOAN The Group’s loan financing is...
Page 46 - REPORT OF THE BOARD OF DIRECTORS shall cover those people who are members of Group...
Page 47 - INCOME STATEMENT - GROUP SEK million Note 2007 2006 Net sales 4 9,308 8,556...
Page 48 - BALANCE SHEET – GROUP SEK million Note 07-12-31 06-12-31 ASSETS Fixed assets...
Page 49 - CASH FLOW STATEMENT - GROUP SEK million Note 2007 2006 Operating activities...
Page 50 - CHANGE IN GROUP EQUITY SEK million Share capital Reserves Retained earnings including...
Page 51 - BALANCE SHEET - PARENT COMPANY SEK million Note 07-12-31 06-12-31 ASSETS Fixed...
Page 52 - CASH FLOW STATEMENT – PARENT COMPANY SEK million Note 2007 2006 Operating activities...
Page 53 - NOTES NOTES All amounts are in SEK millions unless otherwise indicated in the...
Page 54 - NOTES hedged transaction is accounted for at the hedged rate. Transaction costs...
Page 55 - NOTES previous employees. The actuarial calculations are made annually and are...
Page 56 - NOTES A weakening of the Swedish krona by 5 percent against the euro improves Group...
Page 57 - NOTES In order to monitor the capital structure, a number of key figures are used....
Page 58 - NOTES a) Operating segments NET SALES AND EARNINGS BY DIVISION 2007 Door &...
Page 59 - NOTES b) Geographical areas c) Type of revenue Group The Group’s operations...
Page 60 - NOTES 1) The average number of employees has been calculated as the number of hours...
Page 61 - NOTES 4.2 The right to a pension is available from the age of 60-65 with benefits...
Page 62 - NOTES Parent company Group 2007 2006 2007 2006 Deferred tax assets Loss carry-forwards...
Page 63 - NOTES NOTE 11. TANGIBLE FIXED ASSETS Buildings, land and Machinery and Construction...
Page 64 - NOTES NOTE 15. INVENTORIES Group 2007 2006 Raw materials and components 613...
Page 65 - NOTES The amounts shown in the balance sheet as provision for pensions and financial...
Page 66 - NOTES NOTE 19. INTEREST BEARING LIABILITIES Parent company Group 2007 2006 2007...
Page 67 - NOTES NOTE 23. CASH FLOW AND ACQUISITIONS Items that have no effect on cash flow...
Page 68 - AUDIT REPORT AUDIT REPORT To the annual general meeting of the shareholders of...
Page 69 - Measuring paper quality using the L&W ZD Tensile Tester from Lorentzen & Wettre....
Page 70 - CORPORATE GOVERNANCE REPORT CORPORATE GOVERNANCE REPORT AUDITORS GENERAL MEETING...
Page 71 - CORPORATE GOVERNANCE REPORT NOMINATION COMMITTEE Under a resolution of the Annual...
Page 72 - CORPORATE GOVERNANCE REPORT Board meetings amounted to 9, totaling 3 meetings...
Page 73 - CORPORATE GOVERNANCE REPORT a pension shall be available from the age of 60 for...
Page 74 - BOARD OF DIRECTORS AND AUDITORS BOARD OF DIRECTORS AND AUDITORS FREDRIK LUNDBERG...
Page 75 - BOARD OF DIRECTORS AND AUDITORS EMPLOYEE REPRESENTATIVES THOMAS HÄGGSTRÖM b...
Page 76 - GROUP MANAGEMENT GROUP MANAGEMENT PETER ARU b 1957. President and CEO. Head...
Page 77 - GROUP MANAGEMENT ANITA HEBRAND b 1953. Senior Vice President Human Resources...
Page 78 - FINANCIAL INFORMATION INFORMATION For the financial year 2008, Cardo AB will publish...
Page 79 - INFORMATION CONTACT CARDO CORPORATE HEADQUARTERS Cardo AB Roskildevägen 1 Box...
Page 80 - ANNUAL GENERAL MEETING 2008 INFORMATION THE ANNUAL GENERAL MEETING OF CARDO AB...
Page 81 - MULTI-YEAR OVERVIEW GROUP FINANCIAL SUMMARY – MULTI-YEAR REVIEW FULL YEAR Amounts...
Page 82 - Cardo AB (publ), Roskildevägen 1, Box 486, SE-201 24 Malmö, Sweden Tel +46 40 35...
Cardo - Annual Report 2007
Click here to open and flip through the digital publication Cardo - Annual Report 2007
