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Electronics Production | April 27, 2010

Partnertech post operating loss in 1Q/2010

Sweden-based EMS-provider Partnertech has posted an operating loss on SEK 1.7 million for the 1Q/2010.

Net sales for the EMS-provider reached SEK 557.4 million (down from SEK 594.2 million Y-o-Y). Operating loss reached SEK minus 1.7 million (1Q/2009: profit of 9.5 million). • Profit/loss after tax was SEK -5.1 million (0.5) • Earnings per share after tax totaled SEK -0.41 (0.04) • Cash flow after investments amounted to SEK -11.3 million (-36.6) • The equity/assets ratio amounted to 41.4% (39.9) at the end of the quarter • Leif Thorwaldsson is taking over as President and CEO today
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