Interim Report 1 April - 31 December 2010 (9 months)
16.02.2011
Reporting period (1 April-31 December 2010) · Revenue totalled MSEK 5,927 (5,806). · Operating profit increased by 37 percent to MSEK 273 (199). · Profit after net financial items amounted to MSEK 224 (148). · Profit after taxes increased by 53 percent to MSEK 161 (105). · Earnings per share amounted to SEK 5.75 (3.70). · Return on equity increased to 11 percent (5 percent). Third quarter (1 October-31 December 2010) · Revenue for comparable units, measured in local currency, increased by 10 percent during the third quarter of the financial year. · Robust sales development for TOOLS in Finland (+20 percent) and in Sweden (+14 percent), measured in local currency. The Norwegian market recovered during the quarter and shows virtually unchanged sales compared with the year-earlier period, measured in local currency. · Operating profit increased by 41 percent to MSEK 113 (80). Read more! Please download the complete document. +------------------------------------------------------------------------------+ |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 7.8 billion and approximately | |2,800 employees. | +------------------------------------------------------------------------------+ Interim Report 1 April – 31 December 2010 (9 months): http://hugin.info/1026/R/1489552/425079pdf 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. Source: B&B TOOLS AB via Thomson Reuters ONE [HUG#1489552]