B&B TOOLS is currently coordinating the Product Companies encompassed
by the B&B TOOLS Products operating area with the Group's IT, supply
chain and central purchasing functions to form a new operating area
known as B&B TOOLS Solutions ("Solutions").
The formation of Solutions will enable B&B TOOLS to take a
coordinated approach to the Group's offering of products and services
and to gradually implement required solutions related to the Group's
logistics vision and IT strategy. Overall, this will enable the Group
to establish more favourable conditions for coordination and
streamlining, and to strengthen its development and purchasing
potential.
The new operating area will be recognised separately as of the
Interim Report for the first quarter of the current operating year (1
April - 30 June 2009), which will be published on 19 August 2009. In
Appendix 1, the comparative data per quarter for the B&B TOOLS Group
has been restated from 1 April 2008 until 31 March 2009 taking into
consideration the changes stated above.
Stockholm, 12 August 2009
B&B TOOLS AB (publ)
For further information, contact:
Mats Björkman, Executive Vice President & CFO, B&B TOOLS AB,
telephone +46 8 660 10 30
Mats Karlqvist, Vice President - Investor Relations, B&B TOOLS AB,
telephone +46 70 660 31 32
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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 currently has annual revenue of
approximately SEK 9.3 billion and approximately 2,900 employees.
This information is disclosed in accordance with the Swedish
Securities Markets Act, the Swedish Financial Instruments Trading Act
or demands stated in the regulations for issuers.
