Archive 2010
Pressrelease 2010-02-18
Interim Report 1 April - 31 December 2009 (9 months)
Revenue and profit
· Revenue amounted to MSEK 5,806 (7,283).
· Operating profit amounted to MSEK 199 (490).
· Profit after net financial items amounted to MSEK 148 (421).
· Profit after taxes totalled MSEK 105 (310).
· Earnings per share amounted to SEK 3.70 (10.95).
· Demand for industrial consumables remained weak
Revenue for comparable units fell by 17 percent during the third quarter. Revenue for comparable units declined by a total of 22 percent during the reporting period.
· Reduction in funds tied up in working capital.
Working capital was reduced by MSEK 357 during the reporting period (compared with an increase of MSEK 74 in the corresponding period in the preceding year). Working capital was reduced by MSEK 225 during the third quarter.
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 7.8 billion and approximately 2,900 employees.
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Interim Report 1 April - 31 December 2009 (9 months) (PDF)