Report

Adjusted Year-End Report January 2008 - December 2008

2009-04-20

This Year-end report replaces the Year-End Report dated 23 February 2009. (The Year-End Report also contains some adjusted key ratios for earlier quarters and substitutes information given in the reports for these quarters)

- Continued strong growth during the period
- Net revenue up by 58.3 percent from 2007
- Operating profit improved by 7.1 percent compared with 2007
- Correction of an accounting error after the introduction of a new financial and accounting system affects the operating profit with 6.7 MSEK. The number includes a positive effect on the profit of 2.2 MSEK reported earlier and a negative effect of 8.9 MSEK. Profit after tax is affected by 5.8 MSEK
- Several important framework contracts were signed during the period
- The Board of Directors proposes the payment of a dividend of SEK 1.10 per share
- The Board of Directors forecasts continued growth in sales 2009

FULL-YEAR (JANUARY - DECEMBER)
- Net revenue increased to SEK 1,885.9 million (1,192.4)
- Operating profit improved to SEK 40.4 million (37.7), adjusted for items affecting comparability SEK 6.7 million. Items affecting comparability excluded, the profit was SEK 47.1 million
- Profit before tax amounted to SEK 41.9 million (39.1), adjusted for items affecting comparability SEK 6.7 million. Items affecting comparability excluded, the profit was SEK 48.6 million
- Cash flow from operations was SEK 22.2 (44.2)
- Operating margin declined to 2.1 percent (3.2)
- EPS after tax was SEK 1.79 (1.67), adjusted for split carried out on April 22, 2008.

CURRENT PERIOD (OCTOBER - DECEMBER 2008)
- Net revenue increased to SEK 527.6 million (396.6)
- Operating profit declined to SEK 7.7 million (14.8), adjusted for items affecting comparability SEK 6.7 million. Items affecting comparability excluded, the profit was SEK 14.4 million
- Profit before tax amounted to SEK 7.6 million (14.9), adjusted for items affecting comparability SEK 6.7 million. Items affecting comparability excluded, the profit was SEK 14.3 million
- Cash flow from operations was SEK 13.0 million (49.7)
- EPS after tax was SEK 0.31 (0.65) SEK adjusted for split carried out on April 22, 2008.


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