Interim report January–June 2016

Strong profitability during the quarter
Quarter 2

  · Incoming orders amounted to SEK 726.5m (812.2), which organically is a
decrease of 10.3% compared with the same period last year.
  · Net sales amounted to SEK 770.5m (775.5), which organically is a decrease of
0.2% compared with the same period last year.
  · Operating profit was SEK 65.4m (64.3). The operating margin was 8.5% (8.3).
  · Net profit was SEK 43.1m (38.9).
  · Earnings per share were SEK 3.69 (3.33).

January-June

  · Incoming orders amounted to SEK 1,465.3m (1,592.9), which organically is a
decrease of 7.6 % compared with the same period last year.
  · Net sales amounted to SEK 1,495.2m (1,502.7), which organically is a
decrease of 0.7 % compared with the same period last year.
  · Operating profit was SEK 96.2m (102.4). The operating margin was 6.4% (6.8).
  · Net profit was SEK 63.2m (62.8).
  · Earnings per share were SEK 5.41 (5.37).

CEO’s comments
”The quarter has been challenging in terms of orders received which totalled SEK
727 million, corresponding to an organic growth of -10.3 %. The low orders
received is primarily due to the time lag in major projects in North America,
which resulted in no major orders booked in this market during the quarter. The
number of projects tendered for in North America is still at a good level, but
it is difficult to predict when these projects will be taken forward.
APAC has shown a continued positive trend in orders received during the quarter,
above all in China. We are prepared to invest in Asia but recognise at the same
time that profitability in the business segment is not satisfactory. As stated
previously, we are therefore implementing measures to further review our
operations in the region and to adapt our offering to a greater extent to the
market conditions. These measures have already given rise to some improvement
during the quarter.
Within the EMEA region, core business continued well. Adjusted for the order
received for an aluminium smelter in the UK during Q2 2015, order value SEK 30
million, then the order book has grown organically by around 6%, which is
pleasing. In addition, profitability continued to be boosted in the EMEA region,
which makes this the most profitable quarter ever and this is largely related to
the efficiency programmes that have been carried out.
Profitability in the group has continued to develop positively during the
quarter driven by better volume and good development of gross margins. Cash flow
from operations during the second quarter of the year has also been
satisfactory.”
Sven Kristensson, CEO

Further information can be obtained from
Sven Kristensson, CEO
Telephone +46 (0)42-18 87 00
e-mail: sven.kristensson@nederman.com
Stefan Fristedt, CFO
 (sven.kristensson@nederman.com)Telephone +46 (0)42-18 87 00
e-mail: stefan.fristedt@nederman.com
For further information, see Nederman’s website www.nedermangroup.com

This information is information that Nederman is obliged to make public pursuant
to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The
information was submitted for publication on 12 July 2016 at 8 am.
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 is performed through
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 OMX, Stockholm Mid Cap list; it has about
1,900 employees and a turnover of about SEK 3 Billion.