Enea Interim report, April-June 2010

Enea continues to improve operating margins
Over the second quarter of 2010, Enea has continued to improve its results
compared with the same period in the previous year. The operating margin for the
Group amounted to 9.5 percent, and the operating profit amounted to SEK 18.3
million. The Software business unit has demonstrated both growth and
significantly improved profitability compared with the second quarter last
year.  The Consulting business unit has continued to improve its profitability
over the quarter and has increased the revenue compared with the previous
quarter.

Cash flow from operations was very strong and strengthened Enea's good financial
position even further.

The outlook for the year 2010 remains unchanged. The company is expected to
demonstrate stable income development, and that it will see a considerably
improved operating profit compared with 2009.

Second quarter
  * Net sales, SEK 192.6 (202.9) million.
  * Revenues for the Software business unit, SEK 91.2 (84.9) million.
  * Revenues for the Consulting business unit, SEK 115.1 (129.3) million.
  * Operating profit, SEK 18.3 (4.6) million.
  * Net profit after tax, SEK 14.6 (5.0) million.
  * Cash flow from operations, SEK 66.5 (15.1) million.
  * Earnings per share, SEK 0.84 (0.28).


First six months:
  * Net sales, SEK 378.9 (410.2) million. The comparative figures for the
    previous year are affected by a change in the accounting for royalties,
    which had a negative effect of SEK 7 million over the first quarter.
  * Revenues for the Software business unit, SEK 177.9 (165.4) million.
  * Revenues for the Consulting business unit, SEK 227.9 (274.6) million.
  * Operating profit, SEK 30.1 (-32.1) million. The comparative figures for the
    previous year include a non-recurring writedown of SEK 24.5 million over the
    first quarter.
  * Net profit after tax, SEK 23.3 (-20.2) million.
  * Cash flow from operations, SEK 70.6 (36.6) million.
  * Earnings per share, SEK 1.34 (-1.13).


Per Åkerberg, President and CEO comments:

"Enea has continued to considerably improve its profitability over the second
quarter. Our two business units, Software and Consulting, are making further
progress towards our long-term profitability targets, while at the same time our
net sales figures are demonstrating an ever clearer positive trend. Over the
previous year we adapted our operations in a number of ways, which has resulted
in fewer consultants, fewer product developers and a lower cost base. Despite
this, we are now seeing growth in Software and recovery throughout most of
Consulting. The operating profit is significantly better than last year,
amounting to SEK 18.3 million; equivalent to an operating margin of 9.5 percent
As far as revenues are concerned, we have not reached last year's net sales
levels and are reporting net sales which were 5 percent lower than in the second
quarter last year.

Enea has had a good financial position over the last few quarters, and over the
second quarter this has been further reinforced by a strong cash flow of SEK
66.5 million from operations; despite the fact that we paid a dividend to our
shareholders of SEK 1.50 per share, or SEK 26 million in total.

Software
The Software business unit has demonstrated both growth and improved margins
over the quarter.  The operating margin has climbed by more than four percentage
points since the previous quarter, amounting to 15.5 percent. This is very much
in line with the long-term margin target for the business unit, at 20 percent.
With 29 design wins in the second quarter, which is more than twice as many as
in the first quarter, Enea has continued to strengthen its market position and
laid the foundation for further growth.

As far as products are concerned, we have deepened our cooperation with
Freescale Semiconductors. In our industry, the success of the operating system
is dependent in part to how well the products are adapted to the hardware, and a
partnership such as our partnership with Freescale gives us an early insight
into future product road maps, giving us the opportunity to work together to
adapt our products in order to optimize performance for customers. Our
cooperation with Freescale also involves joint development of customers together
with Freescale's global sales force. As part of this cooperation, we have also
announced a number of product improvements within multicore for Freescale
processors. Multicore is the major technology shift in real-time operating
systems and is expected to be an important growth area in years to come. Enea is
well positioned to play an active part in this development and take new market
shares.

Consulting
The Consulting business unit has also improved its operating margin compared
with both the first quarter and last year. The operating margin amounted to 3.6
percent in the second quarter. This should be compared with the long-term target
of 10 percent. All five regions have demonstrated positive development, and we
can see gradual recovery in terms of both net sales and profitability. The
recovery in Öresund is slower than the other regions.

On a final note
In the long term, Enea has good opportunities to continue its positive
development and create long-term value for shareholders through both organic
growth and acquisitions. For 2010, our ambition is to further underpin our
market position and continue to improve our profitability."


The full interim report is available on Enea's website www.enea.com

For more information contact:


Per Åkerberg, President and CEO
e-mail:per.akerberg@enea.com

Lars Kevsjö, CFO
e-mail:lars.kevsjo@enea.com

Catharina Paulcén, VP Corporate Communications
E-mail:catharina.paulcen@enea.com

Phone: +46 8 507 140 00

About Enea
Enea is a global software and services company focused on solutions for
communication-driven products. With 40 years of experience Enea is a world
leader in the development of software platforms with extreme demands on
high-availability and performance. Enea's expertise in real-time operating
systems and high availability middleware shortens development cycles, brings
down product costs and increases system reliability. Enea's vertical solutions
cover telecom handsets and infrastructure, medtech, automotive and mil/aero.
Enea has offices in Europe, North America and Asia. Enea is listed on Nasdaq OMX
Nordic Exchange Stockholm AB. For more information please visit enea.com or
contact us at info@enea.com.

Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registered trademarks
of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Element,
Enea® Optima, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Enea® LINX,
Enea® Accelerator, Polyhedra® Flashlite, Enea® dSPEED Platform, Enea® System
Manager, Accelerating Network Convergence(TM), Device Software Optimized(TM) and
Embedded for Leaders(TM) are unregistered trademarks of Enea AB or its
susidiaries. Any other company, product or service names mentioned above are the
registered or unregistered trademarks of their respective owner. © Enea AB 2010




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