Interim report from ProfilGruppen AB (publ), January - June 2009

Interim report from ProfilGruppen AB (publ), January - June 2009

Certain stabilisation in continued weak market 

Second Quarter

* Turnover MSEK 192.9 (304.1), down 37 percent from previous year.

* Operating profit/loss MSEK -4.2 (15.0).

* Cash flow from current operations MSEK 23.7 (-7.0). 

* Earnings per share SEK -0.99 (1.92)


First six months

* Turnover MSEK 398.2 (606.4), down 34 percent from previous year.

* Operating profit/loss MSEK -14.6 (29.2).

* Net income MSEK -13.5 (18.4).

* Cash flow from current operations MSEK -0.9 (-9.7). 

* Earnings per share SEK -2.74 (3.73)



Nils Arthur, President and CEO of ProfilGruppen says:
 
“We have experienced a weak market also during the second quarter, but at the
same time we see signs that the major inventory cutbacks for our customers now
are coming to an end. 

The Group has for the latest two quarters achieved gradual result improvements
but is still reporting a negative result. Therefore we continue our adaptations
of the operation. ”

________________________________________________________ 
Contacts for information:

Nils Arthur, President and CEO, mobile: +46 (0)70 349 57 90
e-mail: nils.arthur@profilgruppen.se

Peter Schön, CFO, mobile: +46 (0)70 339 89 99
e-mail: peter.schon@profilgruppen.se
________________________________________________________ 


This information is published in accordance with applicable laws, listing
agreements and regulations. The information was submitted to the media for
publication at 16.00 on 23 July 2009.

For income, financial position, key figures and other facts about the Group,
refer to pages 6-14.
Current information and photographs for free publication are available at
www.profilgruppen.se.