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KMT Group A.B. Country: Sweden
     (formerly Karolin Machine Tool Group)
P.O. Box 8, SE-101 20 Stockholm, Sweden. Phone +46-8-594-211-50.
www.kmtgroup.com Brands: KMT-Aqua-Dyne, -McCartney, -Waterjet, -H2O
www.nordstjernan.se Lidköping, UVA
Privately held.
Waterjet processes, incl robotic delivery. Grinding machines. 340 employees.
Values in Millions
Fiscal Year Ended Dec. 2010 Change Dec. 2009 Change Dec. 2008
Total Revenue, Swedish Kronor 811.0 21% 671.0 -21% 846.0
M-T Revenue,  SEK 811.0 21% 671.0 -21% 846.0
Operating Profit (Loss), SEK 84.0 (120.0) not stated
U.S. $ Conversion Factor 0.13890 0.13167 0.15359
Total Revenue, U.S. $ 112.6 28% 88.4 -32% 129.9
M-T Revenue, U.S. $ 112.6 28% 88.4 -32% 129.9
Operating Profit (Loss), U.S. $ 11.7 (15.8) #VALUE!
Financial Notes:
Late-2007 buyout by family-held investment company Nordstjernan A.B. (Stockholm, Sweden) took Karolin MT Group off public stock market. Portion of grinding-machine business, LMV A.B. (Lidköpings Mekaniska Verkstad A.B, [Lidköping, Sweden], turnover around SEK 40-million, www.lmv.se) went March 2008 to Norekon Invest A.B. (Skövde, Sweden).