Haldex - First quarter 2008


Haldex - First quarter 2008

• Sales totaled SEK 2,131 m (2,060). Adjusted for currency exchange rates, sales
rose 7%. Order intake totaled SEK 2,242 m (2,170). After 
  adjustments for currency exchange rates, the increase was 9%.

• Earnings after tax amounted to SEK 63 m (47). Earnings per share amounted to
SEK 2.85 (2.12).

• Operating income and the operating margin improved to SEK 112 m (87) and 5.3%
(4.2), respectively.

• In Garphyttan Wire the operating margin improved significantly to 9.1% (3.6).

• Within CVS, the market in Europe remained strong, with an increase in sales of
10% after adjustments for currency exchange rates, while 
  sales in North America declined by 12%. Operating income was stable in Europe,
and remained weak in North America.

• Haldex reached an agreement to acquire Concentric Plc, a world-leading
supplier of oil, water and fuel pumps for midsize and large 
  diesel engines for trucks and construction machinery.

• The return on capital employed (rolling 12 months) was 8.6% (10.0). The return
for the first quarter was 12.4% (10.1).

• The Group's assessment is that both sales and Operating Income will be
significantly higher in 2008 than in 2007 as a consequence of 
  the acquisition of Concentric and the expected improvements as earlier
announced. The outlook for 2008, excluding the acquisition of 
  Concentric is unchanged compared to the outlook communicated in the Year End
Report.


For further information, please contact Joakim Olsson, President and CEO, Stefan
Johansson, CFO, or Lena Olofsdotter, SVP Corporate Communications, at Tel.
+46-8-545 049 50.

Haldex (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of
proprietary and innovative solutions to the global vehicle industry, with focus
on products in vehicles that enhance safety, environment and vehicle dynamics.
Haldex is listed on the Stockholm Stock Exchange and has annual sales of nearly
8 billion SEK with 6,000 employees.

Haldex discloses the information in this press release according to the Swedish
Securities Market Act and/or the Swedish Financial Trading Act. The information
was provided for public release on Friday, 25 April 2008. 

Attachments

04243530.pdf