Revenue and profit
· Revenue totalled MSEK 3,822 (3,821).
· Operating profit amounted to MSEK 160 (119).
· Profit after net financial items amounted to MSEK 128 (85).
· Profit after taxes totalled MSEK 92 (60).
· Earnings per share amounted to SEK 3.30 (2.15).
· Return on equity totalled 9 percent.
· Demand for industrial consumables.
Revenue for comparable units, measured in local currency, rose by approximately
2 percent in the first six months of the financial year.
Markets' operations in Sweden and Finland developed positively during the
period. The revenue for comparable units, measured in local currency, developed
as follows: TOOLS Sweden +7 percent, TOOLS Momentum +11 percent and TOOLS
Finland (+12 percent). TOOLS Norway was late in being affected by the recession
and still present reduced revenue for the period (-8%).
· Improved operating profit during the reporting period.
The positive profit trend was, among other things, achieved through increased
coordination of the product range in the Group.
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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.
[HUG#1462043]
