INTERIM REPORT, JANUARY - SEPTEMBER 2006

Continued improved profitability

• Inflow of orders: SEK 6,535 million (5,881)
• Net sales: SEK 6,004 million (5,476)
• Net earnings: SEK 215 million (113), equivalent to earnings per share of SEK 7.15 (3.77)
• Continued positive earnings trend for all divisions
• Rises in prices of materials during the year continuing to affect the margins


Cardo's report on operations for the period January-December 2006 will be published on February 6 2007.


Cardo’s President and CEO Peter Aru will comment on the interim report and provide the opportunity for the audience to put questions during a conference call today, November 2, at 4.30 pm. If you wish to take part,
please call +46 8 50520110. It will also be possible to follow the conference via a webcast on www.cardo.com
or www.financialhearings.com. The conference call will be held in Swedish.

For further information, please contact:
Peter Aru, President and CEO, tel +46 40 35 04 53
Maria Bergving, Senior Vice President Communications & Investor Relations,
tel +46 40 35 04 25, +46 70 602 61 81