Year-end report 2008

Fourth quarter
□ Order intake increased to SEK 1,661 M (1,518), - down 4% adjusted*
□ Net sales increased to SEK 1,881 M (1,737), - down 3% adjusted*
□ EBIT before intangible amortization and nonrecurring costs totaled SEK 141 M (187), equivalent to an EBIT margin of 7.5% (10.7)
□ Costs for the MEP2 program, which is now completed, and other nonrecurring costs totaled SEK 62 M
□ Net earnings after tax totaled SEK 18 M (101)
□ Earnings per share amounted to SEK 0.24 (1.34)
□ Strong operating cash flow of SEK 158 M (161)

Full-year
□ Order intake increased to SEK 6,515 M (6,407), - unchanged adjusted*
□ Net sales increased to SEK 6,570 M (6,262), - up 3% adjusted*
□ EBIT before intangible amortization and nonrecurring costs totaled SEK 525 M (597), equivalent to an EBIT margin of 8.0% (9.5)
□ Costs for the MEP2 program, which is now completed, and other nonrecurring costs totaled SEK 154 M
□ Net earnings after tax totaled SEK 165 M (336)
□ Earnings per share amounted to SEK 2.21 (4.49)
□ The Board proposes that no dividend be paid for 2008

*Pro forma, adjusted for currency fluctuations, acquisitions and divestment.

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