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Article: Swedish Skanditek moves to the black in Q3 '09.
- Article from:
- Nordic Business Report
- Article date:
- October 28, 2009
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NORDIC BUSINESS REPORT-28 October 2009-Swedish Skanditek moves to the black in Q3 '09(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
28 October 2009 - Swedish industrial holding company Skanditek Industriforvaltning AB (STO: STEK) said Wednesday it turned to a net profit of SEK241m in the third quarter of 2009 from a net loss of SEK18.4m a year earlier.
Skanditek's profit from participation in associated companies surged to SEK150.3m from SEK2.8m.
In July, the company finalised the divestment of its subsidiary Mydata Automation AB to local Micronic Laser Systems AB (STO: MICR). In the reporting period, the transaction had a positive impact of ...