Year-end report for 2007 and interim report for the fourth quarter

-Fourth quarter revenue rose 12 per cent at fixed exchange rates to SEK 1,572 M (1,412). Operating profit was SEK 386 M (353), equal to an increase of 9 per cent.

-The acquisition in Russia has strengthened Seco Tools’ position in this emerging market.

-For the full year 2007, the Group posted high levels in both revenue and operating profit. Revenue for the full year improved by 13 per cent at fixed exchange rates to SEK 6,034 M (5,451). Operating profit was up by 18 per cent to SEK 1,491 M (1,266), equal to an operating margin of 24.7 per cent (23.2).

-Profit after tax for the full year is reported at SEK 1,017 M (873). Earnings per share for the full year were SEK 6.99 (6.00), an increase of 16 per cent.

-The Board proposes a regular dividend of SEK 4.20 (3.80) per share and an extraordinary dividend of SEK 2.00 (2.20) per share.

For additional information, contact Kai Wärn, President and CEO, telephone +46 (0) 223-401 10 or Patrik Johnson, CFO, telephone +46 (0) 223-401 20. E-mail can be sent to investor.relations@secotools.com