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.
