ADDTECH AB: ADDTECH GROUP INTERIM REPORT FOR THE PERIOD APRIL 1 TO DECEMBER 31, 2001 (9 MONTHS)
INTERIM REPORT FOR THE PERIOD APRIL 1 - DECEMBER 31, 2001 (9 MONTHS)
* Net revenues amounted to MSEK 1 793 (1 784).
* Operating income, not including items affecting comparability, amounted to MSEK 73 (149).
* Operating income is being charged with current costs for structural measures.
* Cash flow from operations amounted to MSEK 74.
* Continued weak market performance for operations depending on the telecom and electronics sectors and capital investment goods.
* Previously initiated action programs are now being implemented according to plan and in certain units additional action has been taken. Overall cost savings will amount to MSEK 40.
* Stronger financial position despite repurchases of own shares equivalent to just short of 5 percent of the capital.
Stockholm, February 5, 2002
Roger Bergqvist
President
* Net revenues amounted to MSEK 1 793 (1 784).
* Operating income, not including items affecting comparability, amounted to MSEK 73 (149).
* Operating income is being charged with current costs for structural measures.
* Cash flow from operations amounted to MSEK 74.
* Continued weak market performance for operations depending on the telecom and electronics sectors and capital investment goods.
* Previously initiated action programs are now being implemented according to plan and in certain units additional action has been taken. Overall cost savings will amount to MSEK 40.
* Stronger financial position despite repurchases of own shares equivalent to just short of 5 percent of the capital.
Stockholm, February 5, 2002
Roger Bergqvist
President
This report has not been subject to review by the Company´s auditors.
Financial report for the year ending March 31, 2002 will be presented May 14, 2002.
Addtech AB (publ)
Financial report for the year ending March 31, 2002 will be presented May 14, 2002.
Addtech AB (publ)
Box 508
Parkvägen 2 A
SE-169 29 Solna
Sweden
Telephone +46-8-470 49 00
Fax +46-8-470 49 01
Organization number 556302-9726
For full report see attached file
For full report see attached file