ADDTECH AB: ADDTECH GROUP INTERIM REPORT FOR THE PERIOD APRIL 1 TO JUNE 30, 2002
INTERIM REPORT FOR THE PERIOD APRIL 1 TO JUNE 30, 2002
* 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
* 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)
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