Intellecta AB reported earnings results for the first quarter ended March 31, 2012. For the period, the company reported net sales EUR 171.4 million compared to EUR 183.9 million a year ago. Operating profit was EUR 13.2 million compared to EUR 47.6 million in 2010. Operating profit excluding these nonrecurring items, increased to EUR 16.0 million compared to EUR 15.5 million a year ago. Profit after tax was EUR 9.1 million compared to EUR 35.2 million a year ago. The lower sales are cyclical and can mainly be attributed to a reduced volume decline of approximately 9% in the business Infolog.