Bulten (STO:BULTEN)
Improved profitability and good order intake.
FIRST QUARTER
· Net sales reached SEK 715 million (713), up 0.3% on the same period last year.
· Operating earnings (EBIT) were SEK 55 million (36), which corresponds to an operating margin of 7.7% (5.1).
· Earnings after tax were SEK 40 million (29).
· Order bookings amounted to SEK 699 million (660), an increase of 5.9% on the same period last year.
· Cash flow from operating activities was SEK 78 million (49).
· Earnings per share were SEK 2.03 (1.44).
· Net debt was SEK 114 million (net cash of 95) and the equity/assets ratio at the end of the period was 65.2% (67.7).
