As announced in the Annual Report 2007, Hartmann's wage agreement with the trade union at the production plant in Canada has been renegotiated over the past couple of months. The agreement was signed in 2005 for a term of 3 years. The outcome of the collective bargaining is important to the continued improvement in the performance of Hartmann's operations in North America, and for that reason a satisfactory conclusion to the bargaining process is among the assumptions upon which the Group's outlook for 2008 is based. A new three-year agreement has now been signed, and Hartmann considers the negotiated outcome to be satisfactory. The new agreement does not affect the Group's earnings forecast for 2008 announced in the Annual Report 2007. For further information, please contact: Peter Arndrup Poulsen CEO Tel.: +45 45 97 00 00 Mobile: +45 51 51 40 69
Collective bargaining completed at Hartmann's production plant in Canada
| Source: Brødrene Hartmann A/S