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23
April
2012
Fiscal report

Mydata SMT sales strong

Mydata improved Q1 profit and sales year-on-year.
The company had Q1 EBIT of SEK 1.8 million (203,000 euro) , up from SEK -19.2 million (2.16 million euro) for the same year before.

Sales were strong in the area of surface mount, particularly for the MY100e series according to the company.

The company expects sales in 2012 to slightly exceed the SEK 1,198 million (224 million euro) made in 2011.

“For future growth, we have continuing investments in new product areas, foremost LDI. A technology shift is underway driven by increasing demands on functionality in combination with cost-efficiency. Our LDI technology contributes to the continued development of new electronics products,” said Peter Uddfors, President and CEO.
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