HL Display Interim report January-June 2010

• Net sales for January - June amounted to MSEK 834 (696). Excluding newly acquired units and currency effects, net sales increased 4 percent compared to the first half year 2009.
• Operating profit was MSEK 50 (38), whereof newly acquired units contributed with MSEK 13. Profit before tax amounted to MSEK 49 (38) and net profit was MSEK 34 (27).
• Net sales during the second quarter of 2010 increased by 25 percent to MSEK 429 (343). Excluding newly acquired units and currency effects, net sales in the second quarter increased by 8 percent. Operating profit amounted to MSEK 22 (21), and profit before tax amounted to MSEK 22 (20). Net profit was reported as MSEK 15 (15).
• EBITA-margin for the first half year was 6.1 (5.5) percent. EBITA-margin for the second quarter amounted to 5.3 (6.0) percent.
• Earnings per share after dilution amounted to SEK 1.11 (0.88) for the first six months of the year.
• On the 2 June 2010 Ratos announced a public offer to the shareholders in HL Display to tender all outstanding shares in HL Display for SEK 49 per share.

Download the report from the enclosed link.