ADDTECH AB: FINANCIAL REPORT FOR THE PERIOD APRIL 1, 2001 TO MARCH 31, 2002
FINANCIAL REPORT FOR THE PERIOD APRIL 1, 2001 TO MARCH 31, 2002
* Net revenues amounted to MSEK 2 360 (2 502).
* Operating income not including items affecting comparability amounted to MSEK 85 (201).
* Operating income was charged with costs for structural measures on a current basis during the year, resulting in cost savings of about MSEK 40 on an annual basis.
* The market situation for businesses aimed at the telecom and electronics sectors was weak during the year.
* Cash flow from current operations, excluding taxes paid attributable to last year´s result, amounted to MSEK 91 (173).
* The equity ratio increased to 41 percent despite repurchase of shares equivalent to just short of 5 percent of total capital.
* A cash dividend of SEK 1.20 is proposed.
Solna, May 14, 2002
Roger Bergqvist
President
* Net revenues amounted to MSEK 2 360 (2 502).
* Operating income not including items affecting comparability amounted to MSEK 85 (201).
* Operating income was charged with costs for structural measures on a current basis during the year, resulting in cost savings of about MSEK 40 on an annual basis.
* The market situation for businesses aimed at the telecom and electronics sectors was weak during the year.
* Cash flow from current operations, excluding taxes paid attributable to last year´s result, amounted to MSEK 91 (173).
* The equity ratio increased to 41 percent despite repurchase of shares equivalent to just short of 5 percent of total capital.
* A cash dividend of SEK 1.20 is proposed.
Solna, May 14, 2002
Roger Bergqvist
President
This year-end financial report has not been subject to review by the Company´s auditors.
An interim report for the period April 1 - June 30, 2002 will be published August 20, 2002.
The Group´s annual report will be distributed to the shareholders at the end of June 2002.
The Annual General Meeting will be held in Stockholm August 20, 2002.
Addtech AB (publ)
An interim report for the period April 1 - June 30, 2002 will be published August 20, 2002.
The Group´s annual report will be distributed to the shareholders at the end of June 2002.
The Annual General Meeting will be held in Stockholm August 20, 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
Org. no. 556302-9726
For full financial report see attached file
For full financial report see attached file