MALMÖ, Sweden--(BUSINESS WIRE)--Regulatory News:
PartnerTech (STO:PART):
Fourth quarter 2010
• Net sales were SEK 617.6 million (556.1)
• Operating profit was SEK 6.5 million (1.5)
• Profit after tax was SEK 8.8 million (-4.7)
• Earnings per share after tax totaled SEK 0.70 (-0.37)
• Cash flow after investments amounted to SEK 16.2 million (34.7)
January-December 2010
• Net sales were SEK 2,181.1 million (2,148.0)
• Operating loss was SEK -15.3 million (-3.5)
• Loss after tax was SEK -19.6 million (-21.5)
• Earnings per share after tax totaled SEK -1.55 (-1.70)
• Cash flow after investments amounted to SEK -31.4 million (30.9)
• The equity/assets ratio was 37.7% (41.5)
• During the year PartnerTech has started a new plant for sheet metal working and systems integration in Myslowice, Poland.
• The Board proposes that the annual general meeting not distribute a dividend for fiscal year 2010 (0)
PartnerTech develops and manufactures products under contract for leading companies, primarily in Defense and Maritime, Industry, Information Technology, MedTech and Instrumentation, CleanTech and Point of Sale Applications. ith almost 1,300 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, PartnerTech reports annual sales of more than SEK 2 billion. PartnerTech AB (www.partnertech.com), the parent company, has its head office in Vellinge, Sweden, and is listed on the Nasdaq OMX Stockholm Exchange.
The disclosures in this report have been sent to the Swedish Financial Supervisory Authority (Finansinspektionen).
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