YEAR-END STATEMENT January-December 2004

Ballingslöv International AB (publ)

• Net sales increased by 8 percent to SEK 1 298.3 M (1 204.5). Organic growth (changes in exchange rates unaccounted) was 8 percent for the group and 9 percent in Scandinavia • Net income increased by 18 percent to SEK 76.3 (64.5) M. Restructuring charges (4,6) in the UK operation unaccounted, net income was SEK 80,9 M • Earning per share increased by 18 percent to 7.11 (6.01). Restructuring charges in the UK operation unaccounted, earnings per share was 7,54 • Operating income before amortization of goodwill was SEK 153.5 M (140.0), corresponding to an operating margin before goodwill amortization of 11.8 percent (11.6). Restructuring charges in the UK operation unaccounted, operating income before amortization of goodwill was SEK 158.1 M, corresponding to an operating margin before goodwill amortization of 12,2 percent • Cash flow from current operations is improved to SEK 142,8 M (128.0) • The board of directors propose a dividend of SEK 3.25 per share (2.75)