Interim report January-September 2007: Continued strong organic growth and rising profit July-September • Order intake rose by 16.9% to SEK 514.6 million (440.1), representing 6.4% organic growth • Net turnover increased by 26.5% to SEK 525.3 million (415.3), representing 16.5% organic growth • Profit after tax increased by 6.9% to SEK 35.8 million (33.5) • Earnings per share increased by 7.7% to SEK 4.08 (3.79) • The operating profit increased by 8.9% to SEK 61.0 million (56.0) and the operating margin was 11.6% January-September • Order intake rose by 10.6% to SEK 1,551.7 million (1,402.7), representing 9.2% organic growth • Net turnover increased by 18.3% to SEK 1,525.7 million (1,290.0), representing 17.0% organic growth • Profit after tax increased by 16.3% to SEK 97.2 million (83.6) • Earnings per share increased by 17.1% to SEK 11.08 (9.46) • The operating profit increased by 12.2% to SEK 161.8 million (144.2) and the operating margin was 10.6% Executive summary • Continued strong demand is expected during 2008 in all business areas • Stronger position and product range for Fastening business area in the Nordic market through the acquisition of the Christiania Spigerverk group (Norway) with an annual turnover of NOK 160 million • A productivity project at the Lifting business area is expected to produce effects in 2008 - it reduced the period's profit by SEK 6.5 million and the third quarter profit by SEK 2.6 million • The divestment of the Fastening business area plant in Jokioinen boosted the profit with a capital gain of SEK 5.7 million • Currency fluctuations has affected operating profit with SEK -5.0 million (-0.5) and profit after financial items with SEK -1.6 million (-8.4) during the first nine months Forecast for 2007 Gunnebo Industrier performed strongly during the first nine months of 2007 and the result for 2007 as a whole is expected to be better than last year's. Previous forecast: Gunnebo Industrier performed strongly during the first half of 2007 and the result for 2007 as a whole is presently expected to be better than last year's. Teleconference for press and analysts The teleconference will be held at 14.30 CET on Wednesday, 7 November. Christer Lenner, CEO and President, and Tor Hansen, Chief Financial Officer, will present the report and answer questions. To participate in the conference, dial +46 8 505 201 14 a couple of minutes ahead of time and specify GIAB as the password. You may download presentation material from www.gunneboindustrier.se during the afternoon of 7 November. Contacts Christer Lenner, CEO and President, Gunnebo Industrier AB +46 705 91 03 05, christer.lenner@gunneboindustries.com Tor Hansen, Chief Financial Officer, Gunnebo Industrier AB +46 706 72 88 94, tor.hansen@gunneboindustries.com Tobias Bülow, Director of Group Communications, Gunnebo Industrier AB +46 703 38 93 10, tobias.bulow@gunneboindustries.com Gunnebo Industrier AB is an international group of industrial companies that is active in 15 countries and has around 50 major distributors/agents worldwide. The group is engaged in the development, manufacture and marketing of chain and lifting components, fastening systems for the building industry, blocks/systems for heavy lifting, non-skid products and telescopic ladders. The business is conducted through the Fastening, Lifting and Technical Products (which comprises the Blocks, Non Skid and Telescopics business units) business areas. Gunnebo Industrier markets well-known products in established segments, and is the leader in each product and/or market area. The annual consolidated turnover amounts to SEK 2 billion and the group has around 1,470 employees.
Interim report January-September 2007: Continued strong organic growth and rising profit
| Source: Gunnebo Industrier AB