Interim Report for New Wave Group AB (publ) Q1 January-March 2007

Interim Report for  New Wave Group AB (publ) Q1 January-March 2007

Fine profit growth as well as good cash flow.

THE PERIOD 1 JANUARY - 31 MARCH 2007 COMPARED TO THE PRECEDING YEAR.
-	Sales increased by 1 % to SEK 760 (755) M.
-	The result after net finance improved by SEK 14.7 M to SEK 11.8 (-2.9) M.
-	The result after tax improved by SEK 10.8 M to SEK 8.7 (-2.1) M and profit per
share improved to SEK 0.13 (-0.04).
-	Acquired units burdened the results after net financial items by SEK 9.4 M.

ACQUISITION AFTER PERIOD'S END
-	On 13 April an agreement was made on the acquisition of Cutter & Buck Inc, a
leading actor on the market for exclusive golfing clothes and sportswear in the
USA.

VIEW ON 2007
-	For 2007 sales and results are expected to increase and exceed the preceding
year's.


FOR MORE INFORMATION, 
PLEASE CONTACT:
CEO Torsten Jansson
Phone: +46 31 712 89 01
E-mail: torsten.jansson@nwg.se

dCEO Göran Härstedt
Phone: +46 31 712 89 02
E-mail: goran.harstedt@nwg.se

CFO, Krister Magnusson
Phone: +46 31 712 89 21
E-mail: krister.magnusson@nwg.se