BTS Group AB (publ) Interim Report 1 January - 30 June 2007

Continued good growth in revenues and
earnings

• Net turnover increased during the first half-year by 55 percent and amounted to MSEK 265.4 (171.5). Adjusted for changes in exchange rates, growth was 66 percent. The organic growth for BTS, adjusted for changes in exchange rates, was 13 percent during the first half-year.
• Net turnover increased by 52 percent during the second quarter to MSEK 141.7 (93.5). Ad-justed for changes in exchange rates, growth was 60 percent.
• Earnings for the first half-year:
 the operating profit before amortization on intangible assets (EBITA) increased by 40 percent to MSEK 47.6 (34.1)
 the operating margin before amortization on intangible assets (EBITA – margin) amounted to 18 (20) percent
 the operating profit increased by 30 percent to MSEK 42.4 (32.6)
 the operating margin amounted to 16 (19) percent
 profit before tax increased by 20 percent to MSEK 39.5 (33.0)
 profit after tax increased by 16 percent to MSEK 24.5 (21.1)
 earnings per share amounted to SEK 1.35 (1.19)
• Earnings for the second quarter:
 the operating profit before amortization on intangible assets (EBITA) increased 41 percent to MSEK 29.5 (20.9)
 the operating margin before amortization on intangible assets (EBITA – margin) amounted to 21 (22) percent
 the operating profit increased by 34 percent to MSEK 26.9 (20.1)
 the operating margin amounted to 19 (21) percent
 profit before tax increased by 25 percent to MSEK 25.3 (20.2)
 profit after tax amounted to MSEK 15.9 (12.8)
• New customers secured during the first half-year included ABN AMRO, Euskaltel, Frees-cale, InBev, Kimberly-Clark, Marsh, Palm Computer, Procter & Gamble, Siemens, Sony BMG and Waste Mangement among others.