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.
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