FinnvedenBulten’s Half Year Report 2013
Strong Q2 result and good cash flow. Major restructuring initiated in foundry businessSECOND QUARTER · Net sales reached SEK 814 million (830), down 1.9% on the same period last year. · Earnings (EBIT) adjusted for non-recurring items were SEK 51 million (40), which corresponds to an adjusted operating margin of 6.3% (4.8). · Earnings (EBIT) reached SEK 21 million (40), which corresponds to an operating margin of 2.6% (4.8). · Profit after tax was SEK 39 million (25) and SEK 36 million (25) adjusted for non-recurring items of SEK 3 million net resulting from tax revenue from