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.



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