Interim report January - March 2007

Profitability remains good, focus on platform for future profitable growth

• New strategic focus on energy and environmental technology.
• Strategic growth platform prioritised ahead of short-term profitability.
• Target for 2011: sales of at least SEK 1 billion and EBIT margin of at least 10 %.
• New organisation structure established. Financial reporting based on new business areas from first quarter.
• Strategically important acquisitions being assessed.
• Breakthrough order for Opcon Energy Systems (OES) during the quarter. Intensified marketing. Large scale breakthrough in 2007.
• Operating profit (EBIT) of SEK 8.1 million (15.8 m). Q1 profit according to plan.
• Profit before tax (EBT) of SEK 7.2 million (14.3).
• Sales amounted to SEK 93.0 million (113.8 m).
• Profit after tax was SEK 4.9 million (10.4 m).
• Earnings per share after tax were SEK 0.33 (0.73).


Future reports
• Second quarter 2007: 23 August 2007
• Third quarter 2007: 19 October
• 2007 Financial Statement: February 2008