Safety-certified tools Tools for Automotive Applications C-STAT Static analysis C-RUN Runtime analysis Debugging and trace probes
•Net sales in continuing operations reached SEK 410.5 million (377.6), of which SEK 132.5 million (121.2) referred to the third quarter. This is equal to organic growth of 9 percent both for the first nine months of the year and the third quarter.
•Operating profit was SEK 29.8 million (31.4), of which SEK 10.6 million (9.6) referred to the third quarter. Operating margin improved for both the nine-month period and the third quarter.
•Cash flow from operating activities increased by SEK 16.0 million for the period and the financial position remains strong, with an equity/assets ratio of 80 percent (83).
•In the past year treasury shares have been repurchased for a total of SEK 24.3 million, of which SEK 6.3 million in the first 4 months of 2008.
•The stockholders were paid a dividend of SEK 0.20 per share (before the reverse share split), amounting to a total distribution of SEK 22.1 million.
•Profit after tax was increased by SEK 2.6 million through a review decision from the Swedish Tax Agency regarding the tax assessment for 2006. The decision resulted in a refund of SEK 2.6 million in previously paid tax, which is also reflected in a stronger cash flow.
• The AGM on May 6, 2008, resolved to change the company’s name to Intoi AB (publ). At the same time, the company’s business focus and profile were changed to the acquisition, active ownership and divestment of IT companies. The AGM on May 6, 2008, also resolved on a 1-for-10 reverse share split.
•Northern was selected as one of nine companies worldwide to be included in the world-leading storage hardware supplier EMC’s partner program EMC Select.
•In the second quarter Deltaco moved into new and more modern facilities in Huddinge.
•Nocom Drift was sold on 1 October 2008 and will be included in the fourth quarter of 2008.