January-September 2010 (reporting period)
Net sales SEK 653 M (540)
Order intake SEK 759 M (529)
Operating profit/loss SEK 5.2 M (-58.2)
Profit/loss before tax SEK 6.8 M (-59.4)
Profit/loss for the period SEK 2.4 M (-54.8)
Earnings per share SEK 0.42 (-9.79)
Cash flow from operating activities SEK -41.9 M (25.1)
Foreign exchange effects, primarily attributable to strengthening of the
Swedish krona, had a negative impact of SEK 4.7 M on operating profit for the
reporting period.
Profit for the comparison period January-September 2009 includes total items
affecting comparability of approximately SEK -36 M.
The acquisition of the Cyncrona operations was completed on 1 June.
July-September 2010 (third quarter)
Net sales SEK 256 M (157)
Order intake SEK 284 M (154)
Operating profit/loss SEK 0.4 M (-12.5)
Profit/loss before tax SEK -1.9 M (-13.0)
Profit/loss for the period SEK -1.8 M (-11.3)
Earnings per share SEK -0.34 (-2.01)
Cash flow from operating activities SEK -16.0 M (3.6)
Foreign exchange effects, primarily attributable to strengthening of the
Swedish krona, had a negative impact of SEK 7.7 M on operating profit for the
third quarter.
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 28 October 2010, 09.00 CET.
This interim report is a translation of a Swedish original. In the event of any
difference between the original and the translation, the Swedish interim
report(Delårsrapport januari-september 2010) shall govern.
ElektronikGruppen is one of the Nordic region's leading suppliers of high-tech
electronic components, systems and production equipment for the electronics
industry. Operations are conducted in three business areas based on specialised
knowledge in electronics and electromechanics. The Nordic region is the home
market, but ElektronikGruppen is also established in the Baltic countries,
Poland, Germany, the UK, China, India and Sri Lanka. The Group recorded net
sales of SEK 718 M in 2009. The share is quoted on NASDAQ OMX Nordic in
Stockholm.
