Interim Report July – September 2006

Stockholm 19 October 2006

· Net sales pro forma for the first nine months rose to SEK 24,863m (23,768) and income for the period pro forma to SEK 1,665m (1,482), corresponding to
SEK 5.62 (5.00) per share

· Unchanged sales of garden products for the period as a whole, but a considerable decline in the third quarter due to inventory reductions by retailers

· Group sales and operating income declined in the quarter, operating margin
rose to 10.6% (10.1)

· Operating margin for Consumer Products improved in the quarter, despite substantially lower sales

· Sales for Professional Products rose in the quarter and operating margin
remained at a high level


Pro forma Change in Change in
Third Third comparable Nine Nine comparable
SEKm quarter quarter Change, currencies, months months Change, currencies,
2006 20051) % % 2006 20051) % %
Net sales 5,392 6,158 -12 -8 24,863 23,768 5 2
Operating 624 -9 -5 2,775 2,600 7 5
income 571
Operating 10.1 - - 11.2 10.9 - -
margin, % 10.6
Income 516 -10 - 2,413 2,212 9 -
after
financial
items 467
Margin, % 8.7 8.4 - - 9.7 9.3 - -
Income 346 -7 - 1,665 1,482 12 -
for the
period 322
Earnings
per
share,
SEK2) 1.09 1.17 -7 - 5.62 5.00 12 -
Return on
capital
employed,
%3) - - - - 23.4 25.3 - -
Return on - - - 34.0 45.0 - -
equity,
%3) -


1) In order to enable year-on year comparisons, previously estimated Group common costs for 2005 have been restated to equal actual costs for 2006, (see page 9).

2) Before dilution. To enable comparison, figures for both 2005 and 2006 are based on the number of shares as of
30 September 2006, i.e. 296,259,153.

3) Calculated as rolling 12 months.