Wednesday 9 June 2021

Corrections

So, uh ...

'Oh, have you been making mistakes, boss? Ha, ha, ha!'

No. I don't make mistakes, Voice. Idiot! The occasional spelling mistake, sure. Sometimes I might put one of my conceptual phrases in the wrong place. But nothing serious. / No. This is Sectra and their reports. Look -

Linkoping, Sweden - June 4, 2021 - Sectra hereby announces corrections to the company's year-end report published on June 2, 2021 and nine-month interim report published on March 12, 2021. The corrections pertain to percentages in comments on changes in the company's sales and earnings based on unadjusted exchange rates in the third and fourth quarters of 2020/2021. The corresponding figures for the full year and nine-month period were stated correctly and thus have not been corrected.

Oh dear.

Corrections on page 1 of the 2020/2021 year-end report pertaining the fourth quarter of 2020/2021:

Net sales increased 3.7% to SEK 526.2 million (507.6). Based on unadjusted exchange rates, the increase was 10.4% (previously stated as 23.8%). 
Operating profit rose 32.6% to SEK 163.9 million (123.6), corresponding to an operating margin of 31.1% (24.3). Based on unadjusted exchange rates, operating profit increased 49.8% (previously stated as 69.6%). 
Corrections on page 1 of the 2020/2021 interim report pertaining the third quarter of 2020/2021:

Net sales declined 13.8% to SEK 394.2 million (457.4). Based on unadjusted exchange rates, the decrease was 8.3% (previously stated as 3.3%). 
Operating profit declined 30.7% to SEK 69.1 million (99.7), corresponding to an operating margin of 17.5% (21.8). Based on unadjusted exchange rates, operating profit decreased 21.3% (previously stated as 12.7%).

You see?

'Yeah.'

And, uh ...

'Did you write about these reports?'

I can't remember.

'Why are you covering this now then?'

Well, the thing is ... there's nothing else. 'Oh.' I mean, I looked through my PR emails earlier. A few of them were a bit "dodgy" - if you know what I mean. 'Yeah.' Some were boring. Some were just plain weird. I had one about pregnant women. 'What's weird about that?' Well, I didn't understand the story, really. Are they investing in pregnant women? 'That would be weird.' We just don't know.

Anyway ...

ENDS
ENDS
ENDS

...

Anything else? Er ... anything exciting, like?

Music? I've definitely chosen the best combination of songs for my demo. I've been listening to the rough recordings.

It might be too hot to walk to Richmond and back this week. Maybe I'll write the Mighty Soul lyric instead. Who knows?!

I changed one word in the third verse of Nothing last weekend. It's even better now. Just one word, man! 'Which word, Mikey?' That's private. 'Why?' I don't like people knowing about my rough drafts. 'Why?!' Because it might affect their enjoyment of the finished work. 'Okay.' Imagine Marco Pierre White bringing out an amazing meal to his customers, and then saying, "You should have tasted it ten minutes ago. Christ! You dodged a bullet there."

Laters!