Third quarter 2011
- Order entry: SEK 144 M (113)
- Net sales: SEK 166.1 M (106.7)
- Gross margin: 32 percent (30)
- Operating profit: SEK 26.1 M (7.1)
- Operating margin: 15.7 percent (6.7)
- Net profit: SEK 26.6 M (2.3)
- Cash flow: SEK -45.3 M (-25.4)
- Basic earnings per share: SEK 0.24 (0.02)
January - September 2011
- Order entry: SEK 500 M (296)
- Net sales: SEK 421.1 M (285.9)
- Gross margin: 32 percent (39)
- Operating profit: SEK 50.2 M (34.9)
- Operating margin: 11.9 percent (12.2)
- Net profit: SEK 47.8 M (30.6)
- Cash flow: SEK -23.8 M (-28.6)
- Basic earnings per share: SEK 0.45 (0.30)
- Pricer reaches its highest net sales and profit during a single quarter
- Pricer has signed a number of frame agreements during the last year resulting in a good base for the business and future
- Pricer continues to grow in all geographical markets
- Pricer installs an increasing number of pilot stores in a number of markets
Comments from the CEO Fredrik Berglund
“It is pleasing that the stable development of Pricer continues through the third quarter. We have reached our highest net sales and profit during a single quarter. Since the fall of 2010 a number of large frame agreements have been signed which is creating an important base for the business and for the future. We note that an increasing number of customers have discovered the strength of the Pricer solution and that, as a consequence, we have been able to win important contracts in Europe and also obtained a stronger presence in the American market. So far we have not noticed any effect of the uncertain economic climate, however, our business model allows us to react quickly to the possibility of reduced growth. In all, we confirm our earlier outlook for the year regarding higher net sales and profit for the full year 2011 as compared to 2010.”
Attached files