THE INTERIM PERIOD
Continuing operations
» Net revenue totalled SEK 863 million (754)
» Profit after tax amounted to SEK 59 million (37)
» Earnings per share were SEK 8.65 (5.45)
Group as a whole
» Net revenue totalled SEK 863 million (952)
» Profit after tax amounted to SEK 61 million (55)
» Earnings per share were SEK 9.00 (8.10)
THE THIRD QUARTER
» Acquisition of Metall Göte
Continuing operations
» Net revenue totalled SEK 233 million (228)
» Profit after tax amounted to SEK 20 million (11)
» Earnings per share were SEK 2.90 (1.65)
Group as a whole
» Net revenue totalled SEK 233 million (281)
» Profit after tax amounted to SEK 20 million (24)
» Earnings per share were SEK 2.95 (3.50)
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 Group's operations generated a very good result during the third quarter. Revenue was on a par with the previous year, while profit after tax increased by around 80 per cent compared with the same period in 2010. This major improvement is explained by the fact that most of the companies which returned weak results last year are now once again achieving high levels of profitability. Changes in the exchange rate during the period have also had a positive currency effect. The trend for slower growth seen in the previous quarter continues, but the order stock remains at a satisfactory level.