Interim report 1 April - 30 September 2009 (6 months)
Revenue decreased 20 percent, to SEK 1,776 million (2,210).
Operating profit decreased 55 percent to SEK 95 million (213).
During the second quarter, revenue decreased 22 percent to SEK 825 million (1,056) and operating profit by 58 percent to SEK 41 million (97).
Profit after financial items decreased to SEK 87 million (205) and profit after taxes amounted to SEK 64 million (152).
Earnings per share amounted to SEK 2.85 (6.80). For the most recent 12-month period, earnings per share was SEK 8.10 (13.45).
Cash flow from operations totalled SEK 123 million (112). For the most recent 12-month period, cash flow per share was SEK 14.40 (15.45).
The Group's financial net debt excluding pension liability, decreased by SEK 212 million to SEK 128 million (340) during the most recent 12-month period.
The return on equity was 23 percent, and the equity ratio was 41 percent.
Stockholm, 28 October 2009
President and CEO
The Interim Report for the period 1 April - 31 December 2009 will be presented 16 February 2010.
Addtech AB (publ) disclose the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication on 28 October at 11:30 a.m.
For further information, please contact: Johan Sjö, President and CEO, +46 8 470 49 00 Kennet Göransson, Chief Financial Officer, +46 8 470 49 10
The full report including tables may be downloaded from the following link:
Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 2 200 employees in approximately 120 subsidiaries that operate under their own brands. The Group has annual sales of about SEK 7 billion. Addtech is listed on Nasdaq Stockholm.