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


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

Continued strong growth in profit.

THE PERIOD JANUARY 1 - SEPTEMBER 30 2007 
COMPARED TO PRECEDING YEAR.
-	Sales increased by 17 % to MSEK 2 863 (2 452).
-	The operating margin improved and amounted to 8.9 (7.2) %
-	The result after finance net improved by MSEK 58.8 to MSEK 192.9 (134.1).
-	Acquired units have contributed with MSEK 342 in sales and MSEK 23.7 in result
after finance net.
-	The result after tax improved by MSEK 39.3 to MSEK 140.1 (100.8)  and profit
per share improved to SEK 2.11 (1.55).

THE PERIOD APRIL 1 - SEPTEMBER 30 2007 
COMPARED TO PRECEDING YEAR.
-	Sales increased by 41 % to MSEK 1 125 (800).
-	Organic growth amounted to 6%.
-	The operating margin improved and amounted to 9.6 (7.8) %
-	The result after finance net improved by MSEK 32.7 to MSEK 80.6 (47.9).
-	Acquired units have contributed with MSEK 282 in sales and MSEK 17.0 in result
after finance net.
-	The result after tax improved by MSEK 20.2 to MSEK 57.4 (37.2) and profit per
share improved to SEK 0.87 (0.56).

SIGNIFICANT EVENTS
- 	The integration with Cutter & Buck is developing according to plan. Beside
distribution and product synergies, we also expect significant cost synergies.
- 	The work with introducing Cutter & Buck's products in Europe and to launch
the promo concept Clique/New Wave in USA is developing according to plan. The
launch of these trademarks in respective markets, will commence during spring
2008

VIEWS ON 2007 AND 2008
- 	The sales and results for 2007 are expected to increase and exceed the
preceding year.
-	The organic growth is expected to continue to increase during both fourth
quarter 2007 and for 2008.
-	Also for 2008 the expectations are that New Wave will increase result and
sales compared with 2007.


FOR MORE INFORMATION, PLEASE CONTACT:
CEO, Göran Härstedt
Phone: +46 31 712 89 02
E-mail: goran.harstedt@nwg.se

CFO, Lars Jönsson
Phone: +46 31 712 89 12
E-mail: lars.jonsson@nwg.se

Business development manager/IR Anna Ljungdahl
Phone: +46 31 712 89 03
E-mail: anna.ljungdahl@nwg.se

Attachments

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