PartnerTech announces Q3 growth

”It is with great satisfaction that I can announce that PartnerTech enjoyed higher profitability, improved asset turnover and solid growth in the third quarter. This was our fourth successive quarter with a positive operating margin,” said CEO Leif Thorwaldsson. ”Third quarter sales of SEK 535.6 million reflected improvement in every market area, with the exception of Point of Sale Applications and MedTech & Instrumentation. Scheduled customer deliveries that had been postponed from the second quarter also contributed to the positive sales trend”. Summary of Q3 results • Net sales were SEK 535.6 million (482.1) • Operating profit was SEK 10.0 million (-5.3) • Loss after tax was SEK -0.8 million (-9.5) • Earnings per share after tax totaled SEK -0.07 (-0.75) • Cash flow after investments amounted to SEK 2.1 million (-44.9) Summary of year to date results • Net sales were SEK 1,684.3 million (1,563.5) • Operating profit increased by SEK 39.9 million to SEK 18.1 million (-21.8) • Loss after tax was SEK -5.0 million (-28.4) • Earnings per share after tax totaled SEK -0.39 (-2.24) • Cash flow after investments amounted to SEK 18.0 million (-47.6) • The equity/assets ratio was 37.6% (36.8) on September 30