Interim Report, January - September 2000
Interim Report, January - September 2000 * Earnings after financial items were SEK 704 (821) m * Atle invested SEK 1,004 m in 49 enterprises, with SEK 678 m of this total in 22 new undertakings * Rolling 12-month EPS: SEK 11.29 (11.79) * Assessed year-2000 earnings will be comparable to the previous year Highlights in 2000 Acquisitions * 42 % Flygbussarna * 30 % of Proline * 90 % of Programmera, which in turn acquired ABI Consulting * 10 % of Pricerunner * 29 % of InfoCare * 5 % of Bolånebörsen * 8 % of SUSAB * 7 % of Jaybis * 8 % of Nybron * 30 % of News Presslink * 28 % of Freshman Flimmer Mergers * Hägglunds Drives and GS Hydro; Atle's ownership stake: 72 % * Benzler & Co and Jens S; Atle's ownership stake: 70 % * HDF-Bolagen and Markt & Co.; Atle's ownership stake: 69 %. Acquiring Duri * Trima and Ålö; Atle's ownership stake: 20 % Divestments * Part of Digital Vision * Perlos * Inobiz * Part of Mentor Gruppen * Array Printers * Micronic Laser Systems * Part of TPC Security * Topp Livsmedelsprodukter * Reseal-It * Nord 2000 * Essex * Eletta * Qcom * Kirk Acoustics * MTS * Part of SPCS Atle accepts Finnveden's bid for holdings in Bulten Atle today. Atle is: * Sweden's pre-eminent listed private equity player, targeted on small and medium-sized unlisted enterprises. * One of the prime alternative for investors intending to participate in the value growth of unlisted companies. * A professional know-how business harbouring broad-based industrial and financial expertise. * Quoted on OM Stockholm Exchange's A List, with some 16,700 shareholders. Since inception just over seven years ago, Atle has: * Achieved annual returns of 50 % on capital invested in companies it has exited from so far. * Generated aggregate earnings after financial items of SEK 5.3 bn from start-up capital of SEK 2.2 bn. * Completed 22 initial acquisitions and 23 exits in 2000, as appears in what follows: Sales No. of Parent company (SEK m) Acquisiti proceeds exit new No. ons earnings acquis. of exits 1993 200 - - 28 - 1994 900 8 -169 43 2 1995 531 342 139 27 15 1996 1,826 694 261 35 17 1997 644 724 493 24 35 1998 1,878 913 552 22 22 1999 1,245 1,353 797 21 29 2000:3 1,004 686 314 22 23 Total 8,228 4,720 2,387 222 143 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/11/09/20001109BIT00360/bit0001.doc The full report http://www.bit.se/bitonline/2000/11/09/20001109BIT00360/bit0002.pdf The full report