Micronic Mydata AB announced consolidated and parent earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, on consolidated basis, the company reported net sales of SEK 369.3 million against SEK 552.0 million for the same period a year ago. LBIT was SEK 14.0 million against EBIT of SEK 124.0 million for the same period a year ago. Loss before tax was SEK 18.2 million against profit before tax of SEK 125.7 million for the same period a year ago. Net loss was SEK 18.2 million or SEK 0.19 per share against net profit of SEK 111.4 million or SEK 1.14 per share for the same period a year ago. Adjusted operating loss was SEK 3 million against negative adjusted operating profit of SEK 138 million for the same period a year ago. Cash flow from operations was SEK 4.0 million against SEK 53.2 million for the same period a year ago. For the year, on consolidated basis, the company reported net sales of SEK 1,197.6 million against SEK 1,287.8 million for the same period a year ago. LBIT was SEK 65.7 million against EBIT of SEK 72.5 million for the same period a year ago. Loss before tax was SEK 57.0 million against profit before tax of SEK 737 million for the same period a year ago. Net loss was SEK 88.8 million or SEK 0.91 per share against net profit of SEK 36.8 million or SEK 0.45 per share for the same period a year ago. Adjusted operating loss was SEK 28 million against adjusted operating profit of SEK 144 million for the same period a year ago. Cash used in operations were SEK 15.4 million against cash flow from operations of SEK 120.9 million for the same period a year ago. Negative return on equity was 7.0% against return on equity of 3.1% a year ago. Total capital expenditures were SEK 30.8 million against SEK 36.1 million for the same period a year ago. For the quarter, on parent basis, the company reported net sales of SEK 67.1 million against SEK 284.5 million for the same period a year ago. Negative EBIT was SEK 55.7 million against SEK 60.0 million for the same period a year ago. Profit before tax was SEK 67.5 million against SEK 93.3 million for the same period a year ago. Net profit was SEK 67.5 million against SEK 87.4 million for the same period a year ago. Operating loss was SEK 59.4 million against operating profit of SEK 91.4 million a year ago. For the year, on parent basis, the company reported net sales of SEK 212.2 million against SEK 485.3 million for the same period a year ago. Negative EBIT was SEK 195.9 million against SEK 89.4 million for the same period a year ago. Loss before tax was SEK 121.8 million against profit before tax of SEK 27.5 million for the same period a year ago. Net loss was SEK 121.7 million against net profit of SEK 17.9 million for the same period a year ago. Operating loss was SEK 255.3 million against operating profit of SEK 2.0 million a year ago. The company provided sales guidance for the year 2012. Sales for 2011 were SEK 1,198 million. The Board's assessment is that sales in 2012 will exceed that amount somewhat.