Strong third quarter for the Nolato Group


Strong third quarter for the Nolato Group

In its nine-month interim report for 2007 published today, Nolato reported a
strong third quarter, with a strong EBITA margin for Nolato Telecom and
continued high growth for Nolato Medical.

Consolidated sales during the quarter totaled SEK 624 M (638), EBITA increased
to SEK 56 M (51), net income increased to SEK 36 M (35) and earnings per share
increased to SEK 1.37 (1.33).

“There was good growth in sales volumes at Nolato Telecom,” noted Georg
Brunstam, who is President and CEO of the Nolato Group. “The EBITA margin
increased to 10.0 percent (8.5).

“Nolato Telecom has expanded its customer base by being selected as a supplier
to the Canadian company RIM, which develops and manufactures products like the
BlackBerry.”

For Nolato Medical, the high growth continued, and sales increased 162 percent
compared to the same period in 2006, with 35 percent of this organic. 

“Nolato Medical's volumes were very good during the quarter,” said Mr. Brunstam,
who also noted that the two acquisitions, Medical Rubber and Cerbo, performed
well and in line with expectations.

Nolato Medical has also taken in a major new outsourcing order, which is
expected to have annual sales of SEK 20-25 million once the project has reached
full production toward the end of 2008. The order involves production that will
be carried out at Nolato Medical's plant in Hungary. 

Nolato Industrial increased sales 14 percent compared to the same period in
2006, with 10 percent of this organic. Volumes were good, especially for the
automotive industry. 

Nolato reported consolidated sales of SEK 1,820 M (2,099) for the first nine
months of the year and EBITA of SEK 142 M (164). Net income totaled SEK 87 M
(123) and earnings per share were SEK 3.31 (4.68). Cash flow after investments
was SEK 156 M (96), excluding acquisitions and disposals.


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For further information, please contact:
Georg Brunstam, President and CEO, telephone +46 431 44 22 94 or mobile phone
+46 708 55 12 51
Per-Ola Holmström, Executive Vice President and CFO, telephone +46 431 44 22 93
or mobile phone +46 705 76 33 40

The Nolato Group is a high-tech developer and manufacturer of polymer components
and product systems for leading customers in telecommunications, automotive
products, white goods, medical technology, hygiene and other selected industrial
sectors. Nolato's shares are quoted in the OMX Nordic Exchange, Mid Cap,
Information Technology. www.nolato.com

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