B&B Tools AB
STO:ADDT ISIN:SE0000808370
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Addtech AB (STO:ADDT) During December 2008, holders of personnel options have exercised 18,600 personnel options to acquire 18,600 class B shares.
Addtech AB (STO:ADDT) The Board of Directors of Addtech AB has decided to extend the periods during which redemption of personnel options may occur.
Addtech AB (STO:ADDT) As earlier reported (press release 9 October 2008) the number of shares and votes in Addtech AB have been changed during the month of October due to cancellation of 900,000 repurchased class B shares. The total number of shares in Addtech is 22,732,832, divided into 1,102,470 class A shares and 21,630,362 class B shares.
Addtech AB (STO:ADDT) * Revenue increased 13 percent, to MSEK 2,210 (1,955). * Operating profit increased 9 percent, to MSEK 213 (195). * During the second quarter, revenue rose 10 percent, to MSEK 1,056 (956), while operating profit rose 5 percent, to MSEK 97 (92). * Profit after financial items increased to MSEK 205 (187), and profit after taxes amounted to MSEK 152 (137). * Cash flow from operations totalled MSEK 112 (93). * Earnings per share increased 12 percent, to SEK 6.80 (6.05). For the most recent 12-month period, earnings per share were SEK 13.45 (12.55). * The return on equity was 46 percent, and the equity ratio was 30 percent.
Addtech AB (STO:ADDT) The Annual General Meeting in Addtech AB held 25 August 2008 resolved to cancel 900,000 repurchased class B shares. The cancellation has now been registered with the Swedish Companies Registration Office (Bolagsverket). The total number of shares in Addtech is 22,732,832, divided into 1,102,470 class A shares and 21,630,362 class B shares.
Addtech AB (STO:ADDT) Resolutions at today's Annual General Meeting of Addtech AB, and the ensuing statutory Board of Directors Meeting, included the following:
Addtech AB Addtech has on 17 July 2008 repurchased 250,000 of its own class B shares at an average price of SEK 128.50. The total number of shares held in treasury amounts to 1,589,500 class B shares. The total number of shares in Addtech amounts to 23,632,832, and the number of shares outstanding is 22,043,332.
Addtech AB The shareholders of Addtech AB (publ), organisation number 556302-9726, are hereby given notice to attend the Annual General Meeting to be held at 4:00 p.m., Monday, 25 August 2008, at IVA conference centre, Grev Turegatan 16, Stockholm.
Addtech AB * Revenue increased 16 percent, to MSEK 1,154 (999). * Operating profit increased 13 percent, to MSEK 116 (103). * Profit after financial items reached MSEK 111 (100), and profit after taxes amounted to MSEK 82 (75). * Earnings per share increased 9 percent, to SEK 3.65 (3.35). * The return on equity was 45 percent, and the equity ratio was 35 percent. * Four corporation acquisitions with total annual revenue of approximately MSEK 130 were carried out at the beginning of the financial year.
Addtech AB Addtech's Annual Report 2007/2008 is now available on Addtech's homepage www.addtech.com.
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