INTERIM REPORT Q2 1 May 2007 - 31 October 2007 May - October 2007 · Net sales increased by 14% to SEK 1,527 million (1,336). · Operating profit (EBIT) rose by 20% to SEK 215 million (180). The operating margin was 14% (13). Costs associated with the Company's stock market listing, affecting the operating profit, amounted to SEK 6 million. · Profit after tax amounted to SEK 135 million (164). · Earnings per share before and after dilution totalled SEK 2.57 (3.17). Comments to the 6 month period May - October 2007 by Gerald Engström, CEO · Growth still strong in Eastern Europe & CIS. · Koolclima, a Spanish manufacturer of ventilation products, was acquired in June. · Stove-maker Camina of Motala was sold in August. · Systemair Software was established in India · Systemair shares were admitted to Mid Cap list of the OMX Nordic Exchange in Stockholm on 12 October. The share was oversubscribed nine times.