Interim report January-June 2010

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Strong development for Engine Efficiency and Mobility Products

  • Agreement with Wallenius concerning first installation of Opcon Powerbox on a ship
  • Record bioenergy order in Scotland, worth SEK 60 million
  • Strong growth within Engine Efficiency and Mobility Products, both business areas reach profitability targets
  • Sales in January-June climb 23 %
  • Growing order book reaches SEK 802 million (720 m)
  • Non liquidity-affecting change in value of shareholding in Enerji Ltd. has SEK –49.9 million impact on operating profit in Q1-Q2 in accordance with IFRS 

Q1-Q2, JANUARY-JUNE 2010

  • Net sales increased to SEK 318.4 million (257.9 m)
  • Operating loss (EBIT) was SEK 50.3 million (6.1 m), of which SEK –49.9 million due to Enerji
  • Loss after tax of SEK 38.6 million (+1.9 m)
  • Earnings per share SEK –1.58 (+0.04) 

Q1-Q2, JANUARY-JUNE 2010 (EXCLUDING CHANGE IN VALUE OF ENERJI)

  • Net sales increased to SEK 318.4 million (257.9 m)
  • Operating loss (EBIT) was SEK 0.3 million (6.1 m)
  • Loss after tax of SEK 1.8 million (+1.9 m)
  • Earnings per share SEK –0.09 (+0.04) 

Q2, APRIL-JUNE 2010

  • Net sales amounted to SEK 160.8 million (161.0 m)
  • Operating loss (EBIT) was SEK 8.3 million (+3.1 m), of which SEK –6.4 million due to Enerji
  • Loss after tax of SEK 6.8 million (+1.1 m)
  • Earnings per share SEK –0.31 (0) 

Q2, APRIL-JUNE 2010 (EXCLUDING CHANGE IN VALUE OF ENERJI)

  • Net sales amounted to SEK 160.8 million (161.0 m)
  • Operating loss (EBIT) was SEK 1.9 million (+3.1 m)
  • Loss after tax of SEK 2.0 million (+1.1 m)
  • Earnings per share SEK –0.12 (0)
     

For further information about this report, please contact:

Rolf Hasselström, President and CEO: +46 (0)8 466 45 00, +46 (0)70 594 79 60
Göran Falkenström, CFO and Deputy CEO: +46 (0)532 611 22, +46 (0)70 330 05 02
Niklas Johansson, vice president, Investor Relations: +46 (0)8 466 45 11, +46 (0)70 592 54 53

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