Year-end report 2010


January–December 2010

Net sales SEK 922 M (718)

Order intake SEK 968 M (722)

Operating profit/loss SEK 20.7 M (-67.6)

Profit/loss before tax SEK 23.3 M (-69.7)

Profit/loss for the year SEK 17.2 M (-67.6)

Earnings per share SEK 3.07 (-12.08)

Cash flow from operating activities SEK -30.3 M (34.9)

 

  • Net sales rose by 28 per cent compared to the previous year. Adjusted for acquisitions, the increase was 25 per cent.
  • Operating profit for the full year was charged with foreign exchange losses of SEK 3.0 M.
  • Profit for 2009 includes items affecting comparability of approximately SEK -43 M.
  • The acquired Cyncrona companies are consolidated in the Group as of 1 June.

 

October–December 2010 (fourth quarter)

Net sales SEK 269 M (178)

Order intake SEK 209 M (193)

Operating profit/loss SEK 15.5 M (-9.4)

Profit/loss before tax SEK 16.5 M (-10.3)

Profit/loss for the period SEK 14.8 M (-12.8)

Earnings per share SEK 2.65 (-2.29)

Cash flow from operating activities SEK 11.6 M (9.8)

 

  • Net sales were the highest ever for an individual quarter in the company’s history. The increase compared to the same period of 2009 was 51 per cent, or 45 per cent adjusted for acquisitions.
  • Operating profit for the quarter includes foreign exchange gains of SEK 1.6 M.
  • Profit for the corresponding period of 2009 includes items affecting comparability of approximately SEK -7 M.                  

 

For further information contact

Fredrik Celsing, President and CEO, telephone +46 8 759 35 55, or

Håkan Lundgren, Head of Corporate Communications, telephone +46 8 759 35 79
 

The information in this report is subject to the disclosure requirements of ElektronikGruppen under the Act on Stock Exchange and Clearing Operations, the Act on Trading in Financial Instruments and the requirements in the listing agreement with NASDAQ OMX Stockholm. The information was submitted for publication on 24 February 2011, 09.00 CET.

ElektronikGruppen is one of the Nordic region's leading suppliers of high-tech electronic components, systems and production equipment for the electronics industry. The Group consists of some 15 companies that are organised in three business areas. Together, the companies are active in 11 countries in Northern Europe and Asia. The Group recorded net sales of SEK 922 M in 2010. The share is quoted on NASDAQ OMX Nordic in Stockholm.


Anhänge

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