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Interim Report from ProfilGruppen AB (publ.), January – June 2008

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Strong second quarter

Second Quarter

* Turnover MSEK 304.1 (311.1), down 2 per cent compared with previous year

* Operating profit MSEK 15.0 (14.2), up 5 per cent

* Earnings per share SEK 1.92 (1.81), up 6 per cent

Six months

* Turnover MSEK 606.4 (629.2), down 4 per cent compared with previous year

* Operating profit MSEK 29.2 (33.3), down 12 per cent

* Net income MSEK 18.4 (20.9), down 12 per cent

* Cash flow from current operations MSEK -9.7 (50.6)

* Earnings per share SEK 3.73 (4.23), down 12 per cent

* Return on capital employed 21.0 per cent (23.2)


Nils Arthur, President and CEO of ProfilGruppen says,

“We continue the strategic direction to increase the share of processed products in our deliveries. It is the improved product mix that, despite lower volumes, makes the result for the second quarter better than both the second quarter 2007 and the first quarter this year.

Measures to significantly improve the cash flow have been taken.”

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