Year-end report 1 April 2010-31 March 2011
1 April 2010-31 March 2011 (12 months)
- Revenue increased 20 percent, to SEK 4,418 million (3,680).
- Operating profit increased 76 percent, to SEK 380 million (216).
- Profit after financial items increased 80 percent, to SEK 364 million (202), and profit after taxes increased 77 percent, to SEK 265 million (150).
- Earnings per share amounted to SEK 11.80 (6.60).
- Cash flow from operations totalled SEK 300 million (293) and cash flow per share amounted to SEK 13.50 (13.20).
- The return on equity was 31 percent, and the equity ratio was 40 percent.
- Since the start of the financial year, the Group has made fourteen acquisitions, of which two came into effect after the financial year, which adds sales of more than SEK 700 million on an annual basis.
- The Board of Directors proposes a dividend of SEK 7.00 per share (5.00).
1 January-31 March 2011 (3 months)
- During the fourth quarter, revenue increased 22 percent to SEK 1,183 million (971).
- Operating profit increased by 61 percent to SEK 106 million (66) and operating margin amounted to 9.0 percent (6.8).
- Profit after taxes totalled SEK 75 million (48).
- Earnings per share amounted to SEK 3.30 (2.15) during the quarter.
The Company's Year-end report will be presented at a meeting of analysts and investors, to be held at Operaterrassen, Stockholm at 8.30 a.m. on Wednesday, 18 May 2011. Notification and further information are available at www.financialhearings.com.
The interim report for the period 1 April-30 June 2011 will be published on 15 July 2011.
The Group's annual report 2010/2011 will be mailed during the month of July 2011 to shareholders who have ordered a copy. The annual report will be available on Addtech's website, www.addtech.com, and printed copies can be ordered.
This information is disclosed in accordance with the Swedish Securities Markets Act, the Swedish Financial Instruments Trading Act and/or the regulations of NASDAQ OMX Stockholm. The information was submitted for publication on 17 May 2011 at 12.15 p.m. (CET).
For further information, please contact:
Johan Sjö, President and CEO, +46 8 470 49 00
Kristina Willgård, CFO, +46 8 470 49 10
The full report including tables may be downloaded from the following link: