Interim Report 1 January - 30 September 2005

Broström AB (publ) – Reg. no. 556005-1467 • Third quarter clearly stronger than in preceding years. ­ - Strong start and finish to the quarter - Seasonal slowdown briefer than usual ­ - Good capacity utilisation of Broström’s fleet • Profit after net financial items for the first nine months SEK 440 m (241). - Net sales SEK 2,691 m (2,361) - Profit after tax SEK 371 m (386 incl. one-off effect of SEK 181 m from introduction of tonnage tax) ­ - Earnings per share SEK 11.25 (12.93 incl. one-off effect of SEK 6.19 from introduction of tonnage tax) ­ - Return on capital employed 14.2% (10.3%) • Profit after net financial items for Q3 SEK 93 m (44). ­ - Net sales SEK 944 m (742) ­ - Profit after tax SEK 79 m (40) ­ - Earnings per share SEK 2.35 (1.33) • Shareholders’ equity (excl. dividend and non-cash issues) increased by SEK 674 m (SEK 20.65 per share) during the period, including SEK 303 m in currency transla-tion differences (IFRS). • Cash flow and disposable liquidity. - Cash flow per share 14.71 (13.77) - Disposable liquidity amounted to SEK 1,025 m (828 on 31 December 2004) - The dividend payout was SEK 162 m • Increase in transport capacity during the second quarter. ­ - The vessels BRO EDWARD and EVINCO were delivered from shipyards in China • Outlook for 2005. The start of the fourth quarter of 2005 has been characterised by a strong freight market in Broström’s segments. Structural changes and growing regional imbalances are leading to a continued greater need for transport. The outlook continues to be considered as favourable to the rest of the year and into 2006.

About Us

Broström is one of the leading logistics companies for the oil and chemical industry, focusing on industrial product and chemical tanker shipping and marine services. Broström is based worldwide, with head offices in Göteborg, Sweden.

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