Archive 2009
Pressrelease 2009-11-12
Interim Report 1 April - 30 September 2009 (6 months)
Revenue and profit
Revenue amounted to MSEK 3,821 (4,936).
Operating profit amounted to MSEK 119 (380).
Profit after net financial items amounted to MSEK 85 (326).
Profit after taxes totalled MSEK 60 (236).
Earnings per share amounted to SEK 2.15 (8.35).
Significant events
Demand for industrial consumables somewhat stabilised
Revenue for comparable units fell by 21 percent during the second quarter, compared with a decline of 27 percent during the first quarter. Revenue for comparable units declined by a total of 24 percent during the reporting period.
Reduction in funds tied up in working capital
Working capital was reduced by MSEK 132 during the reporting period (compared with an increase of MSEK 175 in the corresponding period in the preceding year).
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UNITED FOR INDUSTRIAL EFFICIENCY
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 8.2 billion and approximately 2,900 employees.
Interim Report 1 April 30 September 2009 (6 months) (PDF)