Financial statement 2009

Extremely strong operating cash flow, especially during quarter four. Quarter 4 • Incoming orders amounted to SEK 270.8m (319.0), which adjusted is a decline by 15 %.*) • Net sales amounted to SEK 259.3m (352.2), which adjusted is a decline by 26%.*) • Operating result was SEK 11.7m (37.6), resulting in an operating margin of 4.5% (10.7). • Net result was SEK 11.6m (25.9). • Earnings per share amounted to SEK 0.99 (2.21). Whole Year • Incoming orders amounted to SEK 1 020.3m (1 254.9), which adjusted is a decline by 25%.*) • Net sales amounted to SEK 1 052.0m (1 272.3), which adjusted is a decline by 24%. *) • Operating result was SEK 23.3m (140.8), resulting in an operating margin of 2.2% (11.1). • Net result was SEK 14.6m (92.6). • Earnings per share amounted to SEK 1.25 (7.90). • The board propose no dividend. (SEK 2.50) *) Adjusted for currency effects and acquisitions Comments from CEO: ” We are pleased that our measures to reduce the working capital have given a strong operating cash flow, especially during the fourth quarter. The savings programs have resulted in increasing operating margins. The net sales in the growth markets are increasing but cannot yet compensate for the weaker development in Europe.”Sven Kristensson, CEO Further information can be obtained from Sven Kristensson, CEO Telephone +46 (0) 42-18 87 00 e-mail: sven.kristensson@nederman.se Anders Agering, CFO Telephone +46 (0) 42-18 87 00 e-mail: anders.agering@nederman.se