Electrolux 2003 Annual Report Download - page 20
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18 Electrolux Annual Report 2003
Net sales and operating margin
Operating income declined in 2003 as a result of
changes in exchange rates.
0302010099
0
25,000
50,000
75,000
100,000
125,000
150,000
0
1.5
3.0
4.5
6.0
7.5
9.0
Net sales, SEKm
Operating margin, %
SEKm %
Operating income and return on net assets
Return on net assets improved to 23.9% from
22.1% in 2002, despite lower operating income.
Income after financial items
and return on equity
Income after financial items decreased by 7% and
return on equity remained unchanged at 17%.
0302010099
0
1,500
3,000
4,500
6,000
7,500
9,000
0
4
8
12
16
20
24
Operating income, SEKm
Return on net assets, %
SEKm %
0302010099
0
1,500
3,000
4,500
6,000
7,500
9,000
0
4
8
12
16
20
24
Income after financial items, SEKm
Return on equity, %
SEKm %
Summary of 2003