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Uniflex AB (UFLXB:STO), the Sweden-based staffing group, has announced preliminary results for the fourth quarter of 2009 and the full-year ended 31 December 2009.
Uniflex specialise in providing staffing solutions to the industrial, construction, warehouse, transport & logistics and commercial/office sectors. The company operates throughout Sweden and has two offices in the UK.
Net sales were up by 5% from 19.41 million Euro in Q4 2008 to 20.30 million Euro in Q4 2009. Operating income was up by 78% from 543,000 Euro in Q4 2008 to 967,000 Euro in Q4 2009.
Uniflex CEO Jan Bengtsson said "it is encouraging that sales are now growing again and our operating margin is close to our long-term goal of 5%."
"Our strategy can be summed up as speed and flexibility at the lowest price, which works even in a recession", Bengtsson added.