* The Group's net sales amounted to MSEK 524 (463) during the period. * Operating profit was MSEK 49 (33) and profit before tax was MSEK 46 (28). * Net profit after taxes was MSEK 32 (19) and earnings per share after taxes amounted to SEK 4.09 (2.47). * During the past 12-month period the Group's net sales amounted to MSEK 1 509 (1 352) and profit before taxes to MSEK 110 (81). * HL Display acquires the business in the Finnish distributor Sooni Oy. January - April 2007 in brief The Group's net sales amounted to MSEK 524 (463) for the period, an increase of 13 per cent as compared to the same period of 2006. The operating profit amounted to MSEK 49 (33) and profit before taxes was MSEK 46 (28). Profit after taxes was MSEK 32 (19). During the past 12-month period the Group's revenue amounted to MSEK 1 509 (1 352). Operating profit amounted to MSEK 123 (87) and profit before taxes was MSEK 110 (81). The period's net investments in non-current assets amounted to MSEK 35 (12), moving twelve-months to MSEK 55 (38). HL Display AB has the intention to focus and further develop the production in Falun. The production of simpler labour intense plastic products is now being outsourced to suppliers in Eastern Europe, as a consequence HL Display is downsizing the number of employees, please see separately issued press release of April 20. As previously announced, HL Display acquires the business in Sooni Oy. The acquired business will be organised in a newly founded sales company, HL Display Suomi Oy. The net sales in the acquired line amounted to about EUR 3 million in 2006. The acquisition is expected to have a marginal positive effect on earnings per share for the HL Display Group 2007. Day of taking possession will be June 1st. For further information, please refer to the press release published on May 4. The integration of Display Team that was acquired in February is proceeding according to plan. For the Board of Directors: Stockholm, May 15th, 2007 Gérard Dubuy Managing Director and CEO The full report incl tables can be downloaded from the enclosed link.
Report January - April 2007 HL Display AB (publ)
| Quelle: HL Display AB