FlexLink nine months report 2008

Record order intake for the first nine months of 2008. Sales increased and profitability improved significantly.

Third quarter 2008
• Order intake was 326 (303) MSEK which is an increase with 8% compared to the same period 2007.
• Sales for the third quarter amounted to 331 (333) MSEK which is unchanged from the same period previous year.
• Earnings before interest, taxes and amortization of intangible assets (EBITA) were 30 (26) MSEK for the third quarter. The EBITA margin was 9% (8%).

January-September 2008
• Order intake for the first nine months was 1108 (993) MSEK which in an increase by 12% compared to the previous year. This is FlexLink’s highest ever order intake for comparable periods.
• Sales for the first nine months amounted to 984 (962) MSEK which corresponds to a growth of 2%.
• Earnings before interest, taxes and amortization of intangible assets (EBITA) were 86 (50) MSEK for the first nine months. The EBITA margin was 9% (5%).

General
FlexLink has reinforced its position in all major segments – Automotive, Electronics, FMCG and Health Care – in the first nine months.

For further information, please visit www.flexlink.com or contact:

Mattias Perjos
CEO, FlexLink AB
+46-31-337 1626
mattias.perjos@flexlink.com

Klas Ålander
Corporate Communications, FlexLink AB
+46-31-337 2499
klas.alander@flexlink.com

About Us

FlexLink is a world-class factory automation expert. Working closely with global customers, we provide innovative, automated solutions to produce goods smarter, safer and at lower operating costs. Headquartered in Gothenburg, Sweden, FlexLink has operating units in 30 countries and is represented in more than 60. In 2016, FlexLink had 989 employees and a turnover of SEK 2,114 million / € 223 million. FlexLink is part of Coesia, an innovation based Group consisting of 14 companies specialized in automated machinery and industrial process solutions. For 2015, the Coesia Group had a turnover of € 1,534 million and 6,000 employees.

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