The first half of 2012 was, when it comes to revenue and profit, the best ever and the positive trend from 2011 continues.
The company’s turnover during the first half of 2012 was MSEK 185,8, an increase of 12% compared with the previous year. Order intake was MSEK 192,5 (169,3), an increase of 14% compared with the previous year.
The turnover growth has led to a very strong earnings performance, where EBIT (Earnings Before Interest and Tax) has more than tripled and totaled MSEK 17,6 (3,8), an increase of 363%. The half-year result before tax was MSEK 12,3 (0,9), a margin of 6,6%.
The company’s gross margins have been strengthened and the result and profit margin improved significantly through the increased turnover. A continued focus on working capital has resulted in a decrease during the first half of 2012, which therefore has improved the operating cash flow notably.
The Group is well equipped to deal with an expected and continued increase in demand for both the business area Hardware and the business area Twister.