Business Services Industry
OEM International AB reports 43% increase in Q2 earnings
Nordic Business Report, August 12, 2005
NORDIC BUSINESS REPORT-12 August 2005-OEM International AB reports 43% increase in Q2 earnings(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish automation components manufacturer OEM International AB published its second quarter figures on Friday (12 August), reporting a 43% increase in pre-tax earnings.
The result grew from SEK21.4m in the second quarter of 2004 to SEK30.5m in the second quarter of this year.
The group turnover increased from SEK359m to SEK399m, after good growth within Group EP and Automation.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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