THE INTERIM PERIOD
Continuing operations
» Net revenue totalled SEK 630 million (526)
» Profit after tax amounted to SEK 39 million (26)
» Earnings per share were SEK 5.75 (3.80)
Group as a whole
» Net revenue totalled SEK 630 million (671)
» Profit after tax amounted to SEK 41 million (31)
» Earnings per share were SEK 6.05 (4.60)
THE SECOND QUARTER
Continuing operations
» Net revenue totalled SEK 321 million (293)
» Profit after tax amounted to SEK 19 million (17)
» Earnings per share were SEK 2.75 (2.50)
Group as a whole
» Net revenue totalled SEK 321 million (373)
» Profit after tax amounted to SEK 19 million (21)
» Earnings per share were SEK 2.75 (3.15)
The figures for continuing operations exclude profit from operating activities as well as profit from the sale of Inmedic and Bladhs Industri, which took place in 2010.
CEO's comments
The development remained satisfactory during the second quarter. Both sales and profit after tax increased by about 10 per cent compared to the corresponding period in 2010. The rate of growth however has, as expected, weakened somewhat in relation to the first quarter and the order stock is now on a par with the previous year for the Group as a whole.
For the entire interim period sales rose by 20 per cent compared to the first six months of 2010, while the operating margin improved from 8.0 to 9.3 per cent. The rate of investment has increased significantly according to plan and the Group's net investments amounted to a total of SEK 19 million during the period, of which SEK 14 million was placed in the second quarter, in comparison to SEK 5 million and SEK 3 million respectively for the corresponding period in the previous year.