Interim Report January

Interim Report January - March 2009

Improved margins

•  Order entry in January - March 2009 amounted to SEK 68 M (98)
•  Net sales for the first quarter amounted to SEK 63.1 M (75.4)
•  Gross margin improved to 56 percent (36) due to favourable currency effects,
improved market mix and reduced unit costs
•  Operating profit amounted to SEK 6.3 M (6.2). 2008 included a license fee of
SEK 6.2 M 
•  Operating margin was 10,0 percent (8.2)
•  Net profit was SEK 7.7 M (-0.2) and result per share of SEK 0.01 (0.00)
•  Liquid funds of SEK 105.4 M (88.6)
•  The earlier reported outlook with earnings almost at par with the level
reported in 2008, is considered challenging but still possible


•  Two large European retailers chose Pricer ESL
•  First major European DotMatrix™ ESL contract for Pricer and Toshiba TEC with
Belgacom

Subsequent events
•  Pricer repaid SEK 22.5 M of convertible loans in April and extended remaining
SEK 22.5 M until June 2010


For further information, please contact:
Charles Jackson, CEO, Pricer AB +46 8 505 582 00
Interim Report January - March 2009

Attachments
