INTERIM REPORT, MAY 1 – JANUARY 31, 2006

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Strong growth during third quarter

Nine months (May 2005 – January 2006)  Net sales amounted to SEK 904.1 M (627.4), up 44% from the year-earlier period. The increase for comparable stores was 12% (9).  Profit after tax totaled SEK 112.8 M (57.2). Earnings per share before dilution rose to SEK 4.15 (2.31).  The Group’s net investments affecting liquidity during the period amounted to SEK 94.4 M (37.9). Operative cash flow after investments amounted to SEK 48.8 M (52.2). Third Quarter (November 2005 – January 2006)  Net sales amounted to SEK 378.2 M (244.0), up 55% from the year-earlier period. The increase for comparable stores was 14% (3).  Profit after tax totaled SEK 60.1 M (32.8). Earnings per share before dilution rose to SEK 2.14 (1.28).  The Group’s net investments affecting liquidity during the period amounted to SEK 10.4 M (4.0). Operative cash flow after investments amounted to SEK 85.3 M (51.9). For additional information For additional information, contact Anders Jansson, President and CEO, or Tommy Svensson, CFO, Tel. + 46 33-20 69 00.

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