INTERIM REPORT JANUARY-JUNE 2007

Second quarter 2007 (Q 2)

• Net sales increased by 31 percent*) to SEK 753.1 M (577.0). Organic growth was
15 percent based on the Group’s current structure
• Net income for the period increased by 58 percent to SEK 72.3 M (45.7)
• Earnings per share increased by 58 percent and amounted to 6.74 (4.26)
• Operating income increased by 37 percent to SEK 93.2 M (67.9) corresponding to an operating margin of 12.4 percent (11.8)
• Cash flow from current operations amounted to SEK 90.8 M (48.8)

January-June 2007

• Net sales increased by 29 percent*) to SEK 1 449.9 M (1 121.6). Organic growth was 14 percent based on the Group’s current structure
• Net income for the period increased by 53 percent to SEK 115.1 M (75.3)
• Earnings per share increased by 53 percent and amounted to 10.73 (7.02)
• Operating income increased by 41 percent to SEK 164.9 M (116.7) corresponding to an operating margin of 11.4 percent (10.4
• Cash flow from current operations amounted to SEK 91.2 M (77.8)

*)
Geisler A/S was consolidated in the Group as from November 2006.
3BO A/S was consolidated in the Group as from January 2007