Company Overview of Forma Publishing Group AB
Forma Publishing Group AB publishes trade magazines and newspapers for the retailing and restaurant sectors. It also publishes consumer oriented magazines and newspapers. In addition, the company engages in book publishing. Its focus areas are food, home, leisure, and retailing. The company has magazine operations in Finland, Estonia, and Latvia. It was formerly known as ICA-Forlaget AB and changed its name to Forma Publishing Group AB in 2000. Forma Publishing Group AB was founded in 1945 and is based in Västerås, Sweden. Forma Publishing Group AB operates as a subsidiary of ICA Gruppen AB.
Port Anders Gata 3
Västerås, 722 12
Founded in 1945
Key Executives for Forma Publishing Group AB
Chief Executive Officer and Director
Chief Executive Officer of Forma Magazines and Marketing Director
Executive Vice President of Retail and Director
Compensation as of Fiscal Year 2014.
Forma Publishing Group AB Key Developments
Forma Publishing Group AB Announces Earnings Results for the First Quarter Ended March 31, 2013
Apr 29 13
Forma Publishing Group AB announced earnings results for the first quarter ended March 31, 2013. For the quarter, the company announced net sales of SEK 82 million compared to SEK 163 million for the same period a year ago. Operating loss was SEK 15 million compared to SEK 23 million for the same period a year ago. The improved operating result is due to lower central costs as well as a generally lower cost level.
Forma Publishing Group AB Announces Financial Results for the Fourth Quarter and Full Year Ended December 31, 2012
Feb 11 13
Forma Publishing Group AB announced financial results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net sales of SEK 103 million compared to SEK 221 million a year ago. Operating loss was SEK 65 million.
For the year, the company reported net sales of SEK 533 million compared to SEK 847 million a year ago. Operating loss was SEK 29 million compared to SEK 12 million a year ago.
Forma Publishing Group AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2012
Aug 22 12
Forma Publishing Group AB reported earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company’s net sales were SEK 166 million against SEK 234 million a year ago. Operating profit including capital gains amounted to SEK 85 million compared to SEK 13 million for the same quarter year ago. Operating loss excluding capital gains was SEK 9 million against profit of SEK 13 million a year ago. The decrease in sales compared with the previous year is mainly due to sold operations during the quarter.
For the six months, the company’s net sales were SEK 329 million against SEK 435 million a year ago. Operating profit including capital gains amounted to SEK 62 million compared to loss of SEK 5 million for the same period year ago. Operating loss excluding capital gains was SEK 32 million against SEK 5 million a year ago. Profit before tax was SEK 57 million against loss of SEK 11 million a year ago. Profit for the period was SEK 66 million against loss of SEK 8 million a year ago.
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