VELLINGE, SWEDEN -- PartnerTech reported second-quarter net sales of SEK 524 million ($71.8 million), up 1% from SEK 519.5 million last year. The operating loss was flat at SEK 14.7 million, as was the loss after tax (SEK 13.8 million). Cash flow after investments was negative SEK 25.4 million, down from SEK 35.8 million.

For the first half, net sales were SEK 1.08 billion, down 2.7% year-over-year. The operating loss increased to SEK 16.5 million, from SEK 5.4 million. The after-tax loss rose to SEK 18.9 million from 13.2 million. Cash flow after investments was negative, at SEK 36.7 million.

During the period, the company's new plant in Myslowice, Poland, began deliveries.

Ed.: SEK 1 = US$0.1371

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