B&B Tools AB announced consolidated and parent earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, on the consolidated basis, the company's revenue was SEK 1,851 million against SEK 2,028 million a year ago. Total operating revenue was SEK 1,855 million against SEK 2,053 million a year ago. Operating profit was SEK 68 million against SEK 102 million a year ago. Profit after net financial items was SEK 54 million against SEK 78 million a year ago. Profit attributable to parent company shareholders was SEK 34 million against SEK 57 million a year ago. Earnings per share after dilution were SEK 1.20 against SEK 2.05 a year ago. Cash flow from operating activities was SEK 44 million against SEK 37 million a year ago. Acquisition of intangible and tangible non-current assets was SEK 9 million against SEK 15 million a year ago. Adjusted operating profit was SEK 68 million against SEK 94 million a year ago. For the full year, on the consolidated basis, the company's revenue was SEK 7,666 million against SEK 8,201 million a year ago. Total operating revenue was SEK 7,919 million against SEK 8,239 million a year ago. Operating profit was SEK 289 million against SEK 409 million a year ago. Profit after net financial items was SEK 216 million against SEK 318 million a year ago. Profit attributable to parent company shareholders was SEK 222 million against SEK 227 million a year ago. Earnings per share after dilution were SEK 7.90 against SEK 8.10 a year ago. Cash flow from operating activities was SEK 262 million against SEK 114 million a year ago. Acquisition of intangible and tangible non-current assets was SEK 48 million against SEK 42 million a year ago. Adjusted operating profit was SEK 238 million against SEK 417 million a year ago. Return on equity was 11% against 12% a year ago. Cash flow per share was SEK 9.30 against SEK 4.05 a year ago. For the quarter, on the parent basis, the company's revenue was SEK 9 million against SEK 18 million a year ago. Operating loss was SEK 3 million against SEK 2 million a year ago. Loss after net financial items was SEK 42 million against SEK 161 million a year ago. Profit before taxes was SEK 4 million against SEK 134 million a year ago. Loss for the period was SEK 1 million against profit for the period of SEK 99 million a year ago. For the full year, on the parent basis, the company's revenue was SEK 48 million against SEK 61 million a year ago. Operating loss was SEK 56 million against SEK 18 million a year ago. Profit after net financial items was SEK 32 million against SEK 226 million a year ago. Profit before taxes was SEK 78 million against SEK 199 million a year ago. Profit for the period was SEK 75 million against SEK 161 million a year ago. The Board of B&B TOOLS AB proposed a dividend of SEK 3.00 per share for the year ended March 31, 2013 against SEK 3.00 per share a year ago. Taking into account the repurchased Class B shares held in treasury, the proposed dividend corresponds to a total of approximately SEK 84 million against SEK 84 million a year ago.

B&B Tools AB announced group and parent company earnings results for the third quarter and nine months ended December 31, 2012. For the quarter on group basis, the company reported revenue of SEK 1,988 million against SEK 2,149 million a year ago. Total operating revenue was SEK 2,234 million against SEK 2,160 million a year ago. Operating profit was SEK 128 million against SEK 105 million a year ago. Profit attributable to parent company shareholders was SEK 149 million or SEK 5.30 before and after dilution against SEK 58 million or SEK 2.05 before and after dilution a year ago. Cash flow from operating activities was SEK 265 million against SEK 186 million a year ago. Acquisition of intangible and tangible non-current assets was SEK 14 million against SEK 12 million a year ago. For the nine months on group basis, the company reported revenue of SEK 5,815 million against SEK 6,173 million a year ago. Total operating revenue was SEK 6,064 million against SEK 6,186 million a year ago. Operating profit was SEK 221 million against SEK 307 million a year ago. Profit attributable to parent company shareholders was SEK 188 million or SEK 6.70 before and after dilution against SEK 170 million or SEK 6.05 before and after dilution a year ago. Cash flow from operating activities was SEK 218 million against SEK 77 million a year ago. Acquisition of intangible and tangible non-current assets was SEK 39 million against SEK 27 million a year ago. For the quarter on parent company basis, the company reported revenue of SEK 13 million against SEK 15 million a year ago. Total operating revenue was SEK 13 million against SEK 15 million a year ago. Operating loss was SEK 45 million against SEK 3 million a year ago. Loss before taxes was SEK 21 million against profit of SEK 18 million a year ago. Loss was SEK 18 million against profit of SEK 14 million a year ago. For the nine months on parent company basis, the company reported revenue of SEK 39 million against SEK 43 million a year ago. Total operating revenue was SEK 39 million against SEK 43 million a year ago. Operating loss was SEK 53 million against SEK 16 million a year ago. Profit before taxes was SEK 74 million against SEK 65 million a year ago. Profit was SEK 76 million against SEK 62 million a year ago.

B&B Tools AB announced the Group's current Executive Vice President and Chief Operating Officer, Peter Gustafsson, will leave the company on December 31, 2012.