PartnerTech Interim Report January - June 2011

 

SECOND quarter 2011
• Net
sales were SEK 562.0 million (524.0)
• Operating profit was SEK 5.0 million
(-14.7)
• Profit after tax was SEK 0.2 million (-13.8)
• Earnings per share
after tax totaled SEK 0.01 (-1.09)
• Cash flow after investments amounted to
SEK 0.3 million (8.6)

FIRST HALF of 2011
• Net sales were SEK 1,148.7 million
(1,081.4)
• Operating profit improved by SEK 24.6 million and amounted toSEK
8.1
million (-16.5)
• Loss after tax was SEK -4.2 million (-18.9)
• Earnings
per share after tax totaled SEK -0.33 (-1.49)
• Cash flow after investments
amounted to SEK 15.9 million (-2.7)
• The equity/assets ratio was 38.1% (38.0)
on June 30

Improved earnings and increased sales
Six-month profit improved by
SEK 24.6 million compared to the year-ago
period. That is clear evidence that
the company's profitability-oriented
activities have had an effect. Also sales
were higher than the first
half of 2010. During the second quarter a few
customer orders were
postponed, which affected sales in the quarter. In
addition, strong
demand -primarily for the Industry market area - decelerated
somewhat
although growth continued. For these reasons, second quarter sales
were
somewhat weaker than anticipated.

The complete report is attached to this
message.

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