Interim report January-September 2006

2006-10-26 - 09:45

• Sales for the third quarter amounted to SEK 41.0 (29.2) million, corresponding to an increase of 40 percent. In total sales for the period increased by 44 percent, to SEK 129.5 (90.0) million.

• Gross income for the third quarter increased by 41 percent to SEK 28.4 (20.2) million and the gross margin was 69 (69) percent. In total, gross income for the period amounted to SEK 87.6 (62.0) million, an increase of 41 percent, and the gross margin to 68 percent (69).

• Operating income for the third quarter amounted to SEK 6.5 (3.2) million, corresponding to an operating margin of 15.9 percent. In total operating income for the period amounted to SEK 16.1 (9.7) million, which gives an operating margin of 12.5 percent. Adjusted for items of a one-time nature operating income was doubled. Costs of a one-time nature of SEK 2.1 million in income for this year are attributable to the acquisition of Swemed. Last year’s operating income also included income of a one-time nature of SEK 3.6 million.

• Net income for the Group was SEK 6.0 (2.9) million for the third quarter, SEK 13.1 (12.0) million in total. This includes unrealized exchange effects of SEK -2.0 (3.0) million from internal receivables for the period January to September.

• The cash flow from operating activities amounted to SEK 9.9 (8.5) million for the third quarter. In total the cash flow from operating activities for the period was SEK 18.4 (10.2) million.

• Earnings per share amounted to SEK 0.30 (0.16) for the third quarter. In total earnings per share for the period were SEK 0.66 (0.65) per share.

• The equity/assets ratio amounted to 79 percent (83).



October 26, 2006
Kungsbacka, Sweden

Magnus Nilsson
CEO





Queries should be addressed to:
Magnus Nilsson, CEO, phone +46 31 721 80 00 or +46 708 22 80 61.
Anna Ahlberg, CFO, phone +46 31 721 80 13 or +46 708 22 80 13.