Interim report January – September 2006

Earnings remain strong and in line with forecast

• Profit before tax (EBT) was SEK 35.7 million (–7.5 m), of which SEK 7.3 million (–9.2 m) was in the third quarter.

• Activities intensified during the quarter in the new business area, Opcon Energy Systems (OES). The focus is on commercialising Opcon’s technology for generating electricity from surplus heating. During the period OES made tenders for a number of large customer solutions worth significant amounts.

• The conversion of the company into a specialised energy and environment business gained sharper focus during the period.

• The order book remains strong.

• Sales increased by 32% to SEK 313.7 million (237.6 m), of which SEK 84.5 million (68.0 m) was in the third quarter.

• Operating profit (EBIT) increased to SEK 39.6 million (–3.6 m), of which SEK 8.4 million (–8.0 m) was in the third quarter.

• Profit after tax was SEK 26.4 million (–7.5 m), of which SEK 5.1 million (–7.9 m) was in the third quarter.

• Earnings per share after tax was SEK 1.85 (–0.72 ), of which SEK 0.36 (–0.55) was in the third quarter.

• The forecast for the final quarter is a profit before tax of at least SEK 10 million.



For further information please contact:
Rolf Hasselström, President and CEO, tel. +46 8 466 45 00, mob. +46 070 594 79 60
Mats Gabrielsson, Chairman of the Board, tel. +46 8 470 03 70, mob. +46 70 775 83 20
Göran Falkenström, CFO and Deputy CEO, tel. +46 532 611 22, mob. +46 70 330 05 02



Future reports
• Financial Statement: 23 February 2007
• 2006 Annual Report: April 2007
• Annual General Meeting: 19 April 2007
• First quarter 2007: 19 April 2007