Strong development for all business areas


In today’s six-month interim report 2012, Nolato reports strong development for
all business areas. The Group’s sales rose by 37% to SEK 1,046 million (766),
operating income (EBITA) increased to SEK 81 million (53) and earnings per share
increased to SEK 2.05 (1.33).

“It is very pleasing that our strong development has continued during the second
quarter,” says Nolato’s CEO Hans Porat.

The Nolato Medical business area saw sales rise by 34% to SEK 315 million (235).
Operating income (EBITA) increased to SEK 36 million (29) and the EBITA margin
amounted to 11.4% (12.3). The newly acquired British company, Nolato Jaycare,
was consolidated from 1 April and accounted for SEK 68 million of the business
area’s sales.

“Most of Nolato Medical’s customer segments experienced a good trend in
volumes,” says Hans Porat. Product sales have developed in line with the market,
while project-related sales remained lower. The integration of the British unit
which was acquired during April has progressed according to plan and the
acquisition has been favourably received by the customers.

Sales by the Nolato Telecom business area rose by 70% to SEK 423 million (249).
Operating income (EBITA) increased to SEK 21 million (4) and the EBITA margin to
5.0% (1.6).

“Demand for the new mobile phone-related products which were started up during
the quarter has been very strong,” comments Hans Porat. The gradual renewal of
the product portfolio and a high level of capacity utilisation have had a
positive impact on the margin.

Sales by the Nolato Industrial business area rose by 9% to SEK 309 million
(283). Operating income (EBITA) increased to SEK 29 million (27) and the EBITA
margin amounted to 9.4% (9.5).

“Stable demand for existing products, advanced market positions and good volumes
for new products have contributed to the higher sales,” says Hans Porat.

Nolato’s financial position remains strong. At the end of the half-year, net
debt amounted to SEK 369 million (111) and the equity-assets ratio to 42% (50).
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For further information, please contact:
Hans Porat, President and CEO, telephone 46 431 442294
Per-Ola Holmström, Executive Vice President and CFO, telephone 46 431 442293
The Nolato Group is a high-tech developer and manufacturer of polymer product
systems for leading customers in medical technology, telecommunications,
hygiene, automotive products and other selected industrial sectors. Nolato’s
shares are quoted on the NASDAQ OMX Nordic Exchange, Stockholm Mid Cap segment,
where they are included in the Industrials sector.  www.nolato.com

Nolato AB discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 2.30 pm on 20 July 2012.

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