Record year for Gunnebo Industrier

2007
• Order intake increased by 11.0%, of which 6.9% was organic growth, to SEK 2,093.0 million (1,885.2)
• Net turnover increased by 19.6%, of which 15.1% was organic growth, to SEK 2,064.8 million (1,727.0)
• The operating result increased by 8.4% to SEK 209.6 million (193.4) and the operating margin was 10.2%
• The result after tax increased by 3.8% to SEK 122.4 million (117.9)
• Earnings per share increased by 4.6% to SEK 13.96 (13.35)

October-December
• Order intake increased by 12.2%, of which 0.1% was organic growth, to SEK 541.3 million (482.5)
• Net turnover increased by 23.4%, of which 9.7% was organic growth, to SEK 539.1 million (437.0)
• The operating result decreased by 2.8% to SEK 47.8 million (49.2) and the operating margin was 8.9%
• The result after tax decreased by 26.5% to SEK 25.2 million (34.3)
• Earnings per share decreased by 26.0% to SEK 2.88 (3.89)


Executive summary
• Continued strong demand is expected during 2008 in all business areas
• Gunnebo Industrier had a record year in 2007 – result, sales, order intake, cash flow and organic growth were the best ever
• A productivity project at the Lifting business area are expected to boost the result in 2008 – the project costs affected the result by SEK -7.5 million for the year and SEK -1.0 million for the fourth quarter
• Acquisitions and divestments affected the operating result by SEK 10.4 million for the year and SEK 3.6 million for the fourth quarter
• Restructuring costs for the Telescopics business unit were SEK -7.5 million, of which SEK -4.5 million in the fourth quarter

Dividend
The Board of Directors will propose a dividend of SEK 6.00 (5.50) per share to the annual general meeting.

Teleconference for press and analysts
The report will be presented by Christer Lenner, CEO and President, in connection with a teleconference/webcast at 10.00 CET on 19 February. The presentation will be in English. To participate in the teleconference, dial 08 5352 6458 from Sweden and +44 20 7806 1966 from anywhere else. Specify the following code: 9749752.To follow the webcast, go to www.gunneboindustrier.se or www.financialhearings.com

Annual general meeting
The 2008 annual general meeting will be held at Gunnebo Industrier's personalhus (Employee Building) in the Gunnebo village, Sweden starting at 17.00 on 8 May. The annual report will be available at www.gunneboindustrier.se about mid-April.