YEAR-END REPORT 1 JANUARY – 31 DECEMBER 2006

FOURTH QUARTER

• Net sales during the fourth quarter rose 18% to SEK 1,254 m (1,059). Of the increase, 9 percentage points are attributable to acquisitions. Currency effects reduced the increase by 2 percentage points.
• Operating income before amortisation of intangible assets (EBITA) rose 44% to SEK 135 million (94), and the EBITA margin was 10.8% (8.9%).

• Income after tax rose 53% to SEK 92 million (60).

• Earnings per share were SEK 2.30 (1.50).

FULL YEAR

• Net sales for the full year rose 18%, to SEK 4,516 million (3,822). Of the increase, 11 percentage points were attributable to acquisitions. Currency effects reduced the increase by 1 percentage point.

• Operating income before amortisation of intangible assets (EBITA) rose 38% to SEK 460 million (333), and the EBITA margin was 10.2% (8.7%).

• Income after tax rose 35% to SEK 300 million (222).

• Earnings per share were SEK 7.50 (5.55).

• The return on operating capital was 36.9% (31.5%).

• The Board proposes a dividend of SEK 3.75 (2.75) per share.