Year-end Report January – December 2008

Record operating result of SEK 55 M

• Order entry in 2008 amounted to SEK 406 M (441)
• Net sales for the year amounted to SEK 427.0 M (432.3)
• Gross margin improved to 38 percent (31) due to improved market mix and reduced unit costs, partly through favourable currency rates
• Operating result of SEK 55.4 M (6.0) and operating margin of 13 percent (1) in 2008
• Result after tax of SEK 107.7 M (1.0) and result per share of SEK 0.11 (0.00)
• Liquid funds of SEK 75.8 M (100.1) at the end of the year

• Pricer selected as ESL supplier for Casino’s integrated chains
• Pricer received first multi store order from leading Do-It-Yourself chain in Hungary
• Grand Frais extends ESL solution with Pricer DotMatrix™ in 100 stores
• Pricer installs first full DotMatrix™ stores with leading retailers
• Pricer redeemed SEK 30 M of convertible loans in November, in advance of expiry


Subsequent events
• Two large European retailers chose Pricer ESL