Interim Report January – March 2007

• Net sales for continuing operations increased by 1.5% to SEK 24,930m (24,553) and income for the period amounted to SEK 492m (232), or SEK 1.76 (0.79) per share

• Net sales rose by 7.5% in comparable currencies

• Operating income rose by 26.2% to SEK 757m, excluding items affecting comparability

• Improved results across all business areas

• The Group gained market shares in Europe, North America and Latin America

• Improved mix and growth in sales generated positive effects

• Higher prices for raw materials adversely affected income in the quarter

• Marketing activities increased, particularly for appliances in Europe