INTERIM REPORT, FIRST QUARTER 2007

• Net sales +6.2 %, SEK 2,971 million.

• Operating profit +36 %, SEK 162 million.

• Operating profit including non-recurring items and after adjusting for IAS 39
+30 %, SEK 164 million.

• Profit after tax +33 %, SEK 88 million.

• Earnings per share +36 %, SEK 2.10.


” The Speciality strategy focusing on value added products with higher margins is progressing well. A new rationalization programme will generate SEK 100 million per annum on a rolling basis late 2009 at a cost of SEK 150 million. I repeat that 2007 will give a clear improvement in operating profits compared with 2006, which involved major changes”, says CEO Jerker Hartwall in a comment to the report.


Jerker Hartwall
President and CEO
For further information,
telephone +46 40 627 83 00


This report has not been reviewed by the Company's auditors