Interim report January-June 2010

Interim report January-June 2010

Strong development for Engine Efficiency and Mobility Products


  · Agreement with Wallenius concerning first installation of Opcon
Powerbox on a ship
  · Record bioenergy order in Scotland, worth SEK 60 million
  · Strong growth within Engine Efficiency and Mobility Products, both
business areas reach profitability targets
  · Sales in January-June climb 23 %
  · Growing order book reaches SEK 802 million (720 m)
  · Non liquidity-affecting change in value of shareholding in Enerji
Ltd. has SEK -49.9 million impact on operating profit in Q1-Q2 in
accordance with IFRS 

Q1-Q2, JANUARY-JUNE 2010

  · Net sales increased to SEK 318.4 million (257.9 m)
  · Operating loss (EBIT) was SEK 50.3 million (6.1 m), of which SEK
-49.9 million due to Enerji
  · Loss after tax of SEK 38.6 million (+1.9 m)
  · Earnings per share SEK -1.58 (+0.04) 

Q1-Q2, JANUARY-JUNE 2010 (EXCLUDING CHANGE IN VALUE OF ENERJI)

  · Net sales increased to SEK 318.4 million (257.9 m)
  · Operating loss (EBIT) was SEK 0.3 million (6.1 m)
  · Loss after tax of SEK 1.8 million (+1.9 m)
  · Earnings per share SEK -0.09 (+0.04) 

Q2, APRIL-JUNE 2010

  · Net sales amounted to SEK 160.8 million (161.0 m)
  · Operating loss (EBIT) was SEK 8.3 million (+3.1 m), of which SEK
-6.4 million due to Enerji
  · Loss after tax of SEK 6.8 million (+1.1 m)
  · Earnings per share SEK -0.31 (0) 

Q2, APRIL-JUNE 2010 (EXCLUDING CHANGE IN VALUE OF ENERJI)

  · Net sales amounted to SEK 160.8 million (161.0 m)
  · Operating loss (EBIT) was SEK 1.9 million (+3.1 m)
  · Loss after tax of SEK 2.0 million (+1.1 m)
  · Earnings per share SEK -0.12 (0)
 

For further information about this report, please contact:

Rolf Hasselström, President and CEO: +46 (0)8 466 45 00, +46 (0)70 594
79 60
Göran Falkenström, CFO and Deputy CEO: +46 (0)532 611 22, +46 (0)70 330
05 02
Niklas Johansson, vice president, Investor Relations: +46 (0)8 466 45
11, +46 (0)70 592 54 53