Interim Report 1 April - 30 September 2010 (6 months)
12.11.2010
Revenue and profit · Revenue totalled MSEK 3,822 (3,821). · Operating profit amounted to MSEK 160 (119). · Profit after net financial items amounted to MSEK 128 (85). · Profit after taxes totalled MSEK 92 (60). · Earnings per share amounted to SEK 3.30 (2.15). · Return on equity totalled 9 percent. · Demand for industrial consumables. Revenue for comparable units, measured in local currency, rose by approximately 2 percent in the first six months of the financial year. Markets' operations in Sweden and Finland developed positively during the period. The revenue for comparable units, measured in local currency, developed as follows: TOOLS Sweden +7 percent, TOOLS Momentum +11 percent and TOOLS Finland (+12 percent). TOOLS Norway was late in being affected by the recession and still present reduced revenue for the period (-8%). · Improved operating profit during the reporting period. The positive profit trend was, among other things, achieved through increased coordination of the product range in the Group. Read more! Please download the complete document. 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 7.6 billion and approximately 2,800 employees. [HUG#1462043] Interim Report 1 April – 30 September 2010 (6 months): http://hugin.info/1026/R/1462043/401077pdf 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