Interim report April-June 2012
Activities in China boost growth · Strong growth in first half of 2012 within the Group, +19% · Major improvement in earnings in Q1 and Q2, operating profit (EBITDA) of SEK 6.7 million (–26.2 m) · Continued savings, workshop in Spånga closed down and assembly outsourced · New products generate strong increase in volumes for Engine Efficiency’s Chinese factory · New development, licensing and delivery agreement based on SRM’s leading compressor technology in China; in the past year contracts worth close to SEK 80 million have been signed with major Chinese company in