Interim report January - June 2007 Continued strong growth of sales and profits • Sales in the second quarter reached SEK 243m (207), an increase of 17%. Sales in the first half of the year were SEK 485m (418), an increase of 16%. • Incoming orders in the second quarter amounted to SEK 266m (224), an increase of 18%. Incoming orders in the first six months of the year were SEK 506m (444), an increase of 14%. • Operating profit in the second quarter amounted to SEK 26m (19), up 37%. Operating profit in the first six months of the year amounted to SEK 51m (39), before the one-time charge in connection with the IPO process, up 30%. Including IPO expenses: SEK 45m. • Profit before taxes in the second quarter was SEK 23m (16). Profit before taxes in the first six months of the year was SEK 47m (34), before the IPO charge. Including IPO charge: SEK 41m. • Net profit in the second quarter was SEK 18m (13). Net profit in the first six months of the year was SEK 33m (26), before the IPO charge. Including IPO charge: SEK 29m. • Earnings per share in the second quarter were SEK 1.54 (1.09). Earnings per share in the first six months of the year were SEK 2.85 (2.26), before the IPO charge. Including IPO charge: SEK 2.48. Key figures 1 April - 30 1 January - 30 Full July - June June Year June 12 TSEK 2007 2006 2007 2006 2006 months Net sales 242 752 207 311 484 745 418 321 877 794 944 218 Gross margin, % 50,0 49,2 50,1 49,8 49,1 49,3 EBITDA *) 29 860 19 682 59 343 44 311 104 384 119 416 EBITDA margin, % *) 12,3 9,5 12,2 10,6 11,9 12,6 EBIT *) 25 747 18 733 51 217 39 378 85 376 97 215 EBIT margin*) 10,6 9,0 10,6 9,4 9,7 10,3 EBT *) 23 258 16 337 47 087 34 342 75 609 82 354 Net profit *) 18 014 12 503 33 413 26 001 54 953 58 045 Earnings per share, SEK * )**) 1,54 1,09 2,85 2,26 4,73 5,32 Operating cash flow *) 62 805 39 579 70 891 94 117 Return on equity, % *) 17,0 15,4 15,7 15,4 Return on operating capital, % *) 29,7 19,2 15,9 45,3 Net debt 141 476 184 756 163 893 141 476 Net debt to equity ratio, % 34,5 53,2 43,5 34,5 Net debt/EBITDA, x *) 1,6 1,2 EBITDA/financial net, x *) 10,7 13,5 Average number of employees 547 501 528 525 *) Before IPO charges of 6 000 pre tax **) Before dilution; for 2007 there is no dilution Further details can be provided by: Sven Kristensson, CEO Telephone +46 (0)42-18 87 00 e-mail: sven.kristensson@nederman.se Anders Agering, CFO Telephone +46 (0)42-18 87 00 e-mail: anders.agering@nederman.se For additional information, see Nederman's website www.nederman.com Telephone +46 (0) 42-18 87 00 Telefax +46 (0) 42-18 77 11
Interim report January - June 2007
| Source: Nederman Holding AB