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Bergman & Beving

Report Publication Announcement Aug 11, 2011

3008_rns_2011-08-11_5f666611-1d38-46a4-bc9a-687dad2df3b4.pdf

Report Publication Announcement

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PRESS RELEASE

Reporting under B&B TOOLS' new Group structure

As of 1 April 2011, the B&B TOOLS Group will report under a new Group structure:

  • TOOLS consists of three national organisations for TOOLS (Sweden, Norway and Finland), and TOOLS Momentum, which are jointly responsible for end-user canvassing and sales.
  • Business areas four business areas with responsibility for developing the Group's combined offering of products and services in various product and application areas.
  • Group-wide consists of the Group's management, finance and other support functions, infrastructure operations and logistics properties.

The new Group structure entails that the former operating areas, Markets and Solutions, no longer exist as consolidating units in the Group's reporting.

The new organisation will be reflected in the Group's external reporting from the Interim Report for the period 1 April – 30 June 2011, which will be published on 18 August 2011. Comparative figures for the 2010/2011 fiscal year have been restated in accordance with the new Group structure as set out in the enclosed pro forma financial statements.

In addition to the Group's Parent Company, the Group's shared salary centre and the Group's properties in Alingsås and Ulricehamn, the "Group-wide" item in the new reporting includes Group-wide management and support functions and infrastructure operations (Supply Chain, IT and product information) that were previously reported in Markets and Solutions. When preparing the enclosed pro forma financial statements, certain intra-Group items within TOOLS were also reallocated over the year.

Stockholm, 11 August 2011

B&B TOOLS AB (publ)

For further information, please contact: Mats Björkman, Executive Vice President and Chief Financial Officer, B&B TOOLS AB, tel: +46 8 660 10 30 Mats Karlqvist, Head of IR, B&B TOOLS AB, tel: +46 70 660 31 32

This information is disclosed in accordance with the Securities Market Act, the Financial Instruments Trading Act or demands made in the regulations for issuers.

B&B TOOLS AB (publ)

Mail address PO Box 10024 SE-100 55 Stockholm Sweden Visit Karlavägen 76 Stockholm Tel +46 8660 10 30 Fax +46 8660 58 70 Org No 556034-8590 Reg office Stockholm Web www.bb.se

APPENDIX 1 – Pro forma – Financial statement 2010/2011 under B&B TOOLS' new Group structure

REVENUE PER QUARTER AND FOR THE 2010/2011
FULL YEAR 2010/2011, MSEK Q 1 Q 2 Q 3 Q 4 Full year
TOOLS
Sweden 565 496 640 572 2,273
Norway 361 333 360 366 1,420
Finland 205 191 210 187 793
TOOLS Momentum 227 205 241 236 909
Eliminations –7 –6 –9 –10 –32
TOOLS TOTAL 1,351 1,219 1,442 1,351 5,363
BUSINESS AREAS
Tools & Machinery 258 263 289 273 1,083
Personal Protective Equipment 258 237 290 245 1,030
Fastening Elements 182 181 163 170 696
Work Environment & Consumables 224 201 243 228 896
Eliminations –2 –1 –2 –2 –7
BUSINESS AREAS TOTAL 920 881 983 914 3,698
GROUP-WIDE 141 148 155 143 587
ELIMINATIONS –427 –411 –475 –450 –1,763
GROUP TOTAL 1,985 1,837 2,105 1,958 7,885
OPERATING PROFIT PER QUARTER AND 2010/2011
FOR THE FULL YEAR 2010/2011, MSEK Q 1 Q 2 Q 3 Q 4 Full year
TOOLS
Sweden 8 7 29 7 51
Norway 8 4 –1 –14 –3
Finland 3 5 3 0 11
TOOLS Momentum 26 23 27 31 107
Eliminations 0 0 0 0 0
TOOLS TOTAL 45 39 58 24 166
BUSINESS AREAS
Tools & Machinery 16 24 23 24 87
Personal Protective Equipment 19 11 19 20 69
Fastening Elements 7 9 2 12 30
Work Environment & Consumables 6 5 9 12 32
Eliminations
BUSINESS AREAS TOTAL 48 49 53 68 218
GROUP-WIDE –17 0 4 –18 –31
ELIMINATIONS –1 –3 –2 0 –6
GROUP TOTAL 75 85 113 74 347

APPENDIX 1 –

Pro forma – Financial statement 2010/2011 under B&B TOOLS' new Group structure – cont.

OPERATING MARGIN PER QUARTER AND 2010/2011
FOR THE FULL YEAR 2010/2011, % Q 1 Q 2 Q 3 Q 4 Full year
TOOLS
Sweden 1.4 1.4 4.5 1.2 2.2
Norway 2.2 1.2 –0.3 –3.8 –0.2
Finland 1.5 2.6 1.4 0.0 1.4
TOOLS Momentum 11.5 11.2 11.2 13.1 11.8
Eliminations
TOOLS TOTAL 3.3 3.2 4.0 1.8 3.1
BUSINESS AREAS
Tools & Machinery 6.2 9.1 8.0 8.8 8.0
Personal Protective Equipment 7.4 4.6 6.6 8.2 6.7
Fastening Elements 3.8 5.0 1.2 7.1 4.3
Work Environment & Consumables 2.7 2.5 3.7 5.3 3.6
Eliminations
BUSINESS AREAS TOTAL 5.2 5.6 5.4 7.4 5.9
GROUP-WIDE
ELIMINATIONS
GROUP TOTAL 3.8 4.6 5.4 3.8 4.4

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