Nefab continues to grow


Nefab continues to grow

Nefab again presents an improvement in invoicing and earnings in its interim
report released today. Invoicing rose 17%. At translation with unchanged
exchange rates, invoicing increased 20% compared with a year earlier. Profit
after financial items rose SEK 16 M to SEK 91 M, up 22%. 

Six months in summary
- Invoicing amounted SEK 1,059 M (903), an increase of 17%

- Profit after financial items rose 22% to SEK 91 M (75)

- Earnings per share amounted to SEK 2.49 (2.05)

- Continued strong growth in China

- Acquisition in Germany

- Price increases for input materials result in higher prices to customers as of
July 1

- It is assessed that Nefab's profit after financial items for the full-year
will be in the interval SEK 180 - 200 M

”The second quarter continued strongly, precisely as during the early part of
the year," says Lars-Åke Rydh, President and CEO of Nefab. "China continues to
show a positive development. The plant in Beijing is now in operation and the
expanded facility in southern China will be placed in operation in the fourth
quarter,” continues Rydh."Price increases for input materials forced us to raise prices to our customers.
We assess that as of July 1 we have been able to largely offset the impact of
the materials price increases in absolute figures. However, in a short-term
perspective, margins could be affected adversely,” says Rydh. 

“After having sought suitable acquisition candidates in southern Germany for
some time, we have now created a platform through Günther Verpackungen for
continued growth in the region,” concludes Rydh. 

A teleconference will be held today (August 16) at 1:30 pm in which the
company's CEO and CFO will comment on the report and respond to questions. To
participate in the conference, dial +46 (0)8 600 53 81 and provide the code 38
75 02.

For further information, contact: President Lars-Åke Rydh, +46-70-592 45 70, 
e-mail lars-ake.rydh@nefab.se, or CFO Anna Stålenbring, +46-70-814 23 44, 
e-mail anna.stalenbring@nefab.se

Jönköping, August 16, 2007


Lars-Åke Rydh
President and CEO


Nefab delivers complete packaging solutions to international industrial groups,
primarily within the telecom and automotive industries. Nefab companies are
located in Europe, North and South America and Asia. Invoiced sales in 2006
amounted to SEK 1.9 billion. The Nefab share is listed on OMX Nordic Exchange,
category Mid Cap.

Attachments

08162149.pdf