Interim Report January – June 2008

Solid sales and profit growth in the second quarter 2008

• Order intake increased by 12* per cent to 4 016 MSEK (3 651).
• Net sales increased by 13* per cent to 3 904 MSEK (3 516).
• Operating earnings increased by 22 per cent to 734 MSEK (601). Earnings were adversely affected by exchange rate movements of -56 MSEK.
• Earnings before taxes increased by 18 per cent to 657 MSEK (555). Earnings were adversely affected by exchange rate movements of -58 MSEK.
• Net earnings, excluding non-recurring items, increased by 17 per cent to 566 MSEK (483). Including non-recurring items, net earnings increased by 11 per cent.
• Earnings per share, before dilution, increased by 10 per cent to 2.12 SEK (1.92).
• The polymers business was listed as a separate company, Hexpol AB, on OMX Nordic Exchange Stockholm, and was de-consolidated from Hexagon as of 1 June.


* Adjusted to fixed exchange rates and a comparable group structure (organic growth).