Interim Report January 1 - June 30, 2010

Interim Report January 1 - June 30, 2010

From the CEO 

This year's second quarter has continued to develop positively for the
staffing industry. Poolia is focused on the temporary staffing and
permanent placement of qualified professionals, and even though the
segment is traditionally a little behind areas such as Industrial and
Warehousing in terms of development, we can already see a clear rise in
the number of inquiries as well as start-up commissions. 

From the CEO

This year's second quarter has continued to develop positively for the
staffing industry. Poolia is focused on the temporary staffing and
permanent placement of qualified professionals, and even though the
segment is traditionally a little behind areas such as Industrial and
Warehousing in terms of development, we can already see a clear rise in
the number of inquiries as well as start-up commissions.

From the CEO

This year's second quarter has continued to develop positively for the
staffing industry. Poolia is focused on the temporary staffing and
permanent placement of qualified professionals, and even though the
segment is traditionally a little behind areas such as Industrial and
Warehousing in terms of development, we can already see a clear rise in
the number of inquiries as well as start-up commissions. As the market
improved during the quarter, we invested heavily in the new recruitment
of internal staff as well as marketing activities which, in the short
term, had a negative impact on costs. These investments will show a
return as from the third quarter both in terms of volume and operating
profit.

It is particularly pleasing to note that the area of Permanent Placement
is growing strongly and represented 8 % of consolidated sales in the
second quarter. We rely on a strong permanent placement sector to
bolster our margins. It is our assessment that the development that we
now see will continue in the third quarter, which suggests continued
positive growth for Poolia.

Our margins have been squeezed on the temporary staffing side over
recent quarters, mainly due to price competition. To achieve our
long-term profitability goals, we will continue efforts to streamline
our operations and internal processes.

In April we acquired Utvecklingshuset, a company active in the
Outplacement sector. This is a new business area for Poolia Sweden,
which began in the autumn of 2009, and the goal is to provide our
customers with a nationwide offering in the area. The acquisition
enhances Poolia's competencies and extends our offering to the market as
a way of meeting our customers' needs in various phases and business
cycles.

The quarter also saw the launch of Poolia Quality, the symbol of our
commitment to continue offering our customers the highest quality. 

Johan Eriksson

CEO and President

For further information please contact: Johan Eriksson, CEO, Tel. +46 8
555 650 60, +46 70 616 74 47 Lotta Nilsson, CFO, Tel. +46 8 555 650 64,
+46 73 944 50 64