Interim Report 1 April - 30 June 2010 (3 months)
19.08.2010
Revenue and profit · Revenue amounted to MSEK 1,985 (1,991). · Operating profit totalled MSEK 75 (48). · Profit after net financial items amounted to MSEK 60 (32). · Profit after taxes totalled MSEK 43 (23). · Earnings per share amounted to SEK 1.55 (0.80). · Return on equity totalled 9 percent. · Gradual improvement in demand for industrial consumables. The B&B TOOLS Group's sales improved gradually during the first quarter of the financial year (April-June) following a weak beginning to the quarter. Total revenue for the quarter was largely unchanged compared with the preceding year. · Annual General Meeting to be held on 25 August 2010. The Board of Directors proposes a dividend of SEK 2.50 (2.50) per share. UNITED FOR INDUSTRIAL EFFICIENCY B&B TOOLS provides the industrial and construction sectors in northern Europe with industrial consumables, industrial components and related services. The Group has annual revenue of approximately SEK 7.6 billion and approximately 2,800 employees. Read more! Please download the complete document. [HUG#1438908] Interim Report 1 April – 30 June 2010 (3 months): http://hugin.info/1026/R/1438908/383388pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: B&B TOOLS AB via Thomson Reuters ONE