• Net sales for the January 1 –
June 30, 2008 period totaled SEK 540.8 million (540.8), corresponding to
growth of 0.0% (25.4). Net sales for the quarter amounted to SEK 287.3
million (268.1), corresponding to growth of 7.2% (28.7).
• Operating income for the period was SEK 30.1
million (28.2) and operating margins rose to 5.6% (5.2). Operating
income for the quarter was SEK 12.9 million (11.3) and operating margins
rose to 4.5% (4.2).
• Net income after tax for the period was SEK
19.9 million (20.1) and SEK 7.9 million (8.5) for the quarter.
• Basic earnings per share before dilution for
the period was SEK 1.71 (1.72) and diluted earnings per share was SEK
1.67 (1.73). Basic earnings per share before dilution for the quarter
was SEK 0.68 (0.73) and diluted earnings per share was SEK 0.66 (0.73).
• Cash flow for the January 1 –
June 30, 2008 period was SEK 20.6 million (-28.7). Cash flow for the
April 1 – June 30 quarter was SEK 23.4 million
(-33.7).
• In June 2008, the ongoing recapitalization
was concluded in that Carl Lamm Holding AB completed the acquisition of
Carl Lamm AB through an issue of 11,173,818 proprietary shares and
securing a loan of SEK 250.9 million. Following the acquisition, Carl
Lamm Holding AB holds 96.13 percent of the shares and votes in Carl Lamm
AB.
• Shares in Carl Lamm Holding AB were listed
on the OMX Nordic Exchange Stockholm on June 26, 2008.
CEO comment “The period shows an increase in
net income and a significant improvement in cash flow. The market has
remained weak in general but Carl Lamm has succeeded in further
strengthening its market position. Lead times for new business deals
have been longer as customers are choosing to hold off on placing orders
as a result of uncertainties about economic development. Despite this,
we have succeeded relatively well and taken a number of new orders,
thanks to our unique offering, which makes our customers more efficient
and helps them save money. We are optimistic about our future results
development and our ambition is to further strengthen our position in
the market going forward”.
Hans Johansson, Group President and CEO
The IT company Carl Lamm operates in the document and information
management sector and has a nationwide organization with operations in
25 strategic locations in Sweden, offering solutions for customers’
IT environments. Carl Lamm is the exclusive Swedish distributor for
Ricoh products, Philips voice management systems, Francotyp-Postalia’s
postage-meter systems and a distributor of Samsung multifunctional
products. Furthermore, the company is a HP Preferred Partner and a
Microsoft Gold Partner. Carl Lamm Holding AB is listed on the OMX Nordic
Exchange Stockholm. For further information regarding Carl Lamm Holding,
please visit www.carllamm.se.
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