Year-end report for 2006 and interim report for the fourth quarter

* Year-over-year revenue for the fourth quarter rose 14 per cent at fixed exchange rates to SEK 1,412 M (1,321). Operating profit was SEK 353 M (319), equal to an operating margin of 25.0 per cent (24.1).

* For the full year 2006, the Group posted its highest revenue and operating profit of all time. Revenue for the full year improved by 10 per cent at fixed exchange rates to SEK 5,451 M (4,936). Operating profit was up by 15 per cent to SEK 1,266 M (1,100), equal to an operating margin of 23.2 per cent (22.3).

* Profit after tax for the full year is reported at SEK 873 M (784).

* Earnings per share for the full year were SEK 6.00 (5.39), an increase of 11 per cent.

* The Board proposes a regular dividend of SEK 3.80 (3.40) per share and an extraordinary dividend of SEK 2.20 (2.00) per share.




For additional information contact Kai Wärn, President and CEO, telephone +46 (0)223-401 10 or
Stefan Sjödahl, Investor Relations, telephone +46 (0)223-401 32.
E-mail can be sent to investor.relations@secotools.com

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Seco Tools develops and produces tools for metalwork.

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