B&B TOOLS establishes new operating area
(Thomson Reuters ONE) - B&B TOOLS is currently coordinating the Product Companies encompassedby the B&B TOOLS Products operating area with the Group's IT, supplychain and central purchasing functions to form a new operating areaknown as B&B TOOLS Solutions ("Solutions").The formation of Solutions will enable B&B TOOLS to take acoordinated approach to the Group's offering of products and servicesand to gradually implement required solutions related to the Group'slogistics vision and IT strategy. Overall, this will enable the Groupto establish more favourable conditions for coordination andstreamlining, and to strengthen its development and purchasingpotential.The new operating area will be recognised separately as of theInterim Report for the first quarter of the current operating year (1April - 30 June 2009), which will be published on 19 August 2009. InAppendix 1, the comparative data per quarter for the B&B TOOLS Grouphas been restated from 1 April 2008 until 31 March 2009 taking intoconsideration the changes stated above.Stockholm, 12 August 2009B&B TOOLS AB (publ)For further information, contact:Mats Björkman, Executive Vice President & CFO, B&B TOOLS AB,telephone +46 8 660 10 30Mats Karlqvist, Vice President - Investor Relations, B&B TOOLS AB,telephone +46 70 660 31 32Read more! Please download the complete document.UNITED FOR INDUSTRIAL EFFICIENCYB&B TOOLS provides the industrial and construction sectors innorthern Europe with industrial consumables, industrial componentsand related services. The Group currently has annual revenue ofapproximately SEK 9.3 billion and approximately 2,900 employees.This information is disclosed in accordance with the SwedishSecurities Markets Act, the Swedish Financial Instruments Trading Actor demands stated in the regulations for issuers.http://hugin.info/1026/R/1334235/316631.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 12.08.2009 - 13:08 Uhr
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