B&B TOOLS AB: Interim Report 1 April - 30 September 2011 (6 months)
10.11.2011
B&B TOOLS provides the industrial and construction sectors in northern Europe with industrial consumables, industrial components and related services. The Group has annual revenue of approximately SEK 8.1 billion and approximately 2,900 employees. Reporting period (1 April-30 September 2011) · B&B TOOLS förser industri- och byggsektorn i norra Europa med industriförnödenheter och industrikomponenter samt därtill relaterade tjänster. Koncernen omsätter cirka 8 miljarder SEK på årsbasis och har cirka 2 800 anställda. Revenue amounted to MSEK 4,024 (3,822). · Operating profit rose by 26 percent to MSEK 202 (160). · Profit after net financial items totalled MSEK 158 (128). · Profit after taxes increased by 22 percent to MSEK 112 (92). · Earnings per share amounted to SEK 4.00 (3.30). · The return on equity for the most recent 12-month period was 12 percent (9). Second quarter (1 July-30 September 2011) · Revenue for comparable units, measured in local currency, increased by 5 percent in the second quarter. · Operating profit rose by 42 percent to MSEK 121 (85) during the quarter. Profit increased for TOOLS in Norway and Finland, TOOLS Momentum and all of the Group's Business Areas. TOOLS in Sweden reported a loss for the quarter. Read more! Please download the complete document. Interim Report 1 April – 30 September 2011 (6 months): http://hugin.info/1026/R/1562818/484329pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: B&B TOOLS AB via Thomson Reuters ONE [HUG#1562818]