Interim report for the period April 1 - June 30, 2002
8/21/2002 3:38 AM EST
Addtech Group
Value Adding Tech Provider
Addtech is a technology trading group where the business acumen is
combined with competence at the cutting edge. Based on high-technology
industrial components and systems, Addtech together with its customers
and suppliers creates solutions that lead to better products as well as
optimized production processes. Addtech provides technical as well as
economic added value to the customer.
The market situation for a majority of the Group's operating areas is
stable, while it is marked by uncertainty for the telecom-oriented
units. Net revenues amounted to MSEK 565 (636).
Operating income, not including items affecting comparability, amounted
to MSEK 25 (41). Operating income for the third and fourth quarters of
the preceding financial year was MSEK 6 and MSEK 12, respectively.
Cost-cutting action implemented last year continues to generate effects
on earnings.
Cash flow from current operations amounted to MSEK 6 (5) and the equity
ratio rose to 43 percent (41). Solna, August 20, 2002
Roger Bergqvist
President
This report has not been subject to review by the Company's auditors.
Interim report for the period April 1 - September 30, 2002 will be
presented November 18, 2002.
Addtech AB (publ) P.O. Box 508 Parkvägen 2 A SE-169 29 Solna, Sweden
Telephone +46-8-470 49 00 Fax +46-8-470 49 01
www.addtech.com
Organization number 556302-9726