English
Published: 2011-05-05 13:00:00 CEST
PartnerTech AB.
Quarterly report
PartnerTech Interim Report January-March 2011
PartnerTech Interim Report January-March 2011

• Net sales were SEK 586.7
million (557.4)
• Operating profit was SEK 3.1 million (-1.7), after
restructuring costs
of SEK 7.4 million for  
  consolidation of the British
business in Cambridge
• Loss after tax was SEK -4.3 million (-5.1)
• Earnings
per share after tax totalled SEK -0.34 (-0.41)
• Cash flow after investments
amounted to SEK 15.6 million (-11.3)
• The equity/assets ratio was 36.7% (41.4)
on March 31

Business continues to improve
PartnerTech's business continued to
improve in the first quarter, while
both sales and operating earnings were
higher than the same quarter of
2010. Market activity was brisker and new
orders were announced. The
Industry and Information Technology market areas
reported the largest
growth compared with the first quarter of 2010.

Improved
earnings were due to the measures and adjustments we have
adopted at most of
our units, along with higher sales. The previously
announced consolidation of
our British business to our Cambridge unit
reduced operating profit, which
would have been SEK 10.5 million without
these costs.

The complete report is
attached to this message.

For additional information, please call:
Leif
Thorwaldsson, President and CEO, +46 40-10 26 41
Jonas Arkestad, CFO, +46 40-10
26 42
Marielle Noble, Communications and Investor Relations Manager, +46
40-10
26 43
 


05052232.pdf
Eng_PR_Q1-rapport_final.pdf