Interim report January

Improved cash flow in the quarter

  · Incoming orders amounted to SEK 738.8m (780.7), which adjusted for currency
effects and acquisitions is a decrease of 4.7%, compared to the same quarter
last year.

  · Net sales amounted to SEK 724.7m (727.2), which adjusted for currency
effects and acquisitions is a decrease of 1.2%, compared to the same quarter
last year.

  · The operating profit was SEK 30.8m (38.1), giving an operating margin of
4.3% (5.2).

  · The net profit was SEK 20.1m (23.9).

  · Earnings per share were SEK 1.72 (2.04).

CEO’s comments

“Orders received in the first quarter amounted to SEK 739 million, corresponding
to an organic growth of -4.7%. It is primarily the deferment of major projects
in the Americas and a slower than anticipated start in some EMEA countries that
have contributed to this decrease.

Development in the Americas shows a positive sales trend for products and
smaller systems while we booked fewer larger projects than expected in the first
quarter. The number of tendered projects, however, remains at a good level.

The order intake in APAC developed strongly the first quarter with all countries
contributing positively. The incentives for investments in environmental
improving equipment remain, albeit in the short term, we see a gap between
authorities’ incentive to mitigate environmental issues and actual investments
made in the industry. We are willing to invest in Asia but can conclude that
profitability in our business segments is not satisfactory. We will, in addition
to already taken actions, further evaluate our way of working in the region and
adapt our offering according to market conditions.

Cash flow in the quarter has improved compared to same period last year. Mainly
due to lower levels of working capital."

Sven Kristensson, CEO

Nederman is required to disclose the information provided herein according to
the Swedish Securities Exchange and Clearing Operations Act and/or the Financial
Instrument Trading Act. The information was submitted for publication on 20
April 2016 at 16.00.

Further information can be obtained from

Sven Kristensson, CEO                 Stefan Fristedt, CFO
Telephone +46 (0)42-18 87 00          Telephone +46 (0)42-18 87 00
email: sven.kristensson@nederman.com  email: stefan.fristedt@nederman.com

For further information, see Nederman’s website www.nedermangroup.com

Nederman Holding AB (publ),
Box 602, SE-251 06 Helsingborg, Sweden
Telephone +46 (0)42-18 87 00
Co. Reg. No. 556576-4205

Facts about Nederman

Nederman is one of the world's leading companies supplying products and systems
in the environmental technology sector focusing on industrial air filtration and
recycling. The company's solutions are contributing to reducing the
environmental effects from industrial production, to creating safe and clean
working environments and to boosting production efficiency.

Nederman's offering encompasses everything from the design stage through to
installation, commissioning and servicing. Sales are carried out via
subsidiaries in 25 countries and agents and distributors in over 30 countries.
Nederman develops and produces in its own manufacturing and assembly units in
Europe, North America and Asia.

The Group is listed on the Nasdaq Stockholm Mid Cap list; it has about 1,900
employees and a turnover of about SEK 3 billion.
Interim report January–March 2016

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