Continued improved profitability

• Inflow of orders: SEK 6,535 million (5,881)
• Net sales: SEK 6,004 million (5,476)
• Net earnings: SEK 215 million (113), equivalent to earnings per share of SEK 7.15 (3.77)
• Continued positive earnings trend for all divisions
• Rises in prices of materials during the year continuing to affect the margins

Cardo's report on operations for the period January-December 2006 will be published on February 6 2007.

Cardo’s President and CEO Peter Aru will comment on the interim report and provide the opportunity for the audience to put questions during a conference call today, November 2, at 4.30 pm. If you wish to take part,
please call +46 8 50520110. It will also be possible to follow the conference via a webcast on
or The conference call will be held in Swedish.

For further information, please contact:
Peter Aru, President and CEO, tel +46 40 35 04 53
Maria Bergving, Senior Vice President Communications & Investor Relations,
tel +46 40 35 04 25, +46 70 602 61 81

About Us

Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. Operations are pursued in the Group’s divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors. With sales of almost SEK 10 billion and more than 6,000 employees worldwide, Cardo delivers solutions that help to solve some the toughest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.

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