Interim report Q1 2011

Interim report, January – March, 2011

Record sales and substantially improved result

Revenue for the quarter was the highest ever posted by Seco Tools and amounted to SEK 1,721 M (1,370).
At fixed exchange rates, revenues increased 36 per cent and in SEK by 26 per cent.
Operating profit was SEK 352 M (220), corresponding to an operating margin of 20.5 per cent (16.1).
Launches of new products continued at a high rate.
Profit after tax was SEK 245 M (145).
Earnings per share for the three-month period were SEK 1.68 (1.00).