Interim Report January–June 2005

Interim Report January–June 2005 Good growth – higher earnings in consulting and lower in Products 2005 2004 Jan-Jun Jan-Jun Change 2005 2004 Key figures Apr-Jun Apr-Jun Change Net sales, 1,541 1,320 17% 783 673 16% SEK M Operating earnings 62 48 29% 24 15 58% (EBIT), SEK M Earnings for the period, 42 31 37% 14 7 107% SEK M Earnings per 0.67 0,50 34% 0.23 0.11 103% share, SEK • Organic growth was 14% and total growth 17% in the first half-year • Operating margin of consulting activities was 8% (5) in the first half-year and 7% (4) in the second quarter, and operating earnings (EBIT) were SEK 119 million (61) in the first half-year and SEK 55 million (23) in the second quarter • Financial difficulties of an Obigo customer as well as delayed sales for Popwire and costs taken to improve Teleca’s market positions have affected the earnings of the Products division in the second quarter and for the whole year; operating earnings (EBIT) in the second quarter were –SEK 25 million in • Cash flow from current activities was SEK 109 million (67) • Finnish company Futec Oy with its staff of 21 was acquired as part of Benima’s continued expansion in Finland For more information please contact: • Dag Sundström, President and CEO, Teleca AB, +46-857911601, mobile +46-705116458 • Christian Luiga, CFO, Teleca AB, +46-857911604, mobile +46-703751604 • Johannes Rudbeck, Investor Relations Manager, Teleca AB, +46-857911616, mobile +46-705825656