Interim report for the period April 1 - June 30, 2002

Addtech Group

Value Adding Tech Provider

Addtech is a technology trading group where the business acumen is
combined with competence at the cutting edge. Based on high-technology
industrial components and systems, Addtech together with its customers
and suppliers creates solutions that lead to better products as well as
optimized production processes. Addtech provides technical as well as
economic added value to the customer.



The market situation for a majority of the Group's operating areas is
stable, while it is marked by uncertainty for the telecom-oriented
units. Net revenues amounted to MSEK 565 (636).

Operating income, not including items affecting comparability, amounted
to MSEK 25 (41). Operating income for the third and fourth quarters of
the preceding financial year was MSEK 6 and MSEK 12, respectively.

Cost-cutting action implemented last year continues to generate effects
on earnings.

Cash flow from current operations amounted to MSEK 6 (5) and the equity
ratio rose to 43 percent (41). Solna, August 20, 2002


Roger Bergqvist
President

This report has not been subject to review by the Company's auditors.

Interim report for the period April 1 - September 30, 2002 will be
presented November 18, 2002.


Addtech AB (publ) P.O. Box 508 Parkvägen 2 A SE-169 29 Solna, Sweden
Telephone +46-8-470 49 00 Fax +46-8-470 49 01  
www.addtech.com
Organization number 556302-9726

Addtech

Addtech offers high-tech solutions based on industrial components and systems. Operations have a distinctive niche orientation, with leading positions in several product areas.

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  CONTACT  
  • Kennet Göransson
  • CFO and vice President
  • 08-470 49 10
  •  

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Interim report for the period April 1 - June 30, 2002