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Exel Interim Report for January 1 - March 31, 2007

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EXEL INTERIM REPORT FOR JANUARY 1 – MARCH 31, 2007

First quarter in brief

- Net sales rose to EUR 28.8 million or 12.5 per cent over the corresponding period previous year (EUR 25.6 million)
- Operating profit was EUR 3.5 million compared to EUR 0.6 million including EUR -1.9 million of non-recurring items first quarter 2006
- Operating profit 12.2 (2.4) per cent of net sales
- Earnings per share were EUR 0.19 (0.03), adjusted for full dilution


The interim report in its entirety can be read in the attached PDF file.


Further information:
Mr. Göran Jönsson, President & CEO, tel. +46 708 430110, or email goran.jonsson@exel.fi
Mr. Ilkka Silvanto, CFO, tel. +358 50 598 9553, or email ilkka.silvanto@exel.fi

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