Rejlers' Interim Report, January-June 2009

30 July 2009
Adjustment to weak industrial market conditions

First half-year
* Turnover up by 1 per cent to SEK 405.3 million (400.3)
* Operating profit was SEK 25.6 million (54.2)
* Operating margin amounted to 6.3 per cent (13.5)
* Profit after tax was SEK 18.3 million (38.8)
* Earnings per share were SEK 1.69 (3.59)

Second quarter
* Turnover down by 5 per cent to SEK 195.3 million (205.4)
* Operating profit was SEK 7.1 million (23.8)
* Operating margin amounted to 3.6 per cent (11.6)
* Profit after tax was SEK 4.8 million (17.3)
* Earnings per share were SEK 0.44 (1.60)

Statement from President and CEO Peter Rejler
Industrial market conditions have weakened further during the
quarter, which has resulted in lower capacity for Rejlers industrial
group. We are adapting to the order situation in Finland by making
temporary lay-offs. The poorer profit in the Swedish business is
mainly due to lower demand for industrial orders in the northern
region where we are adapting to the market conditions.

Assignments within urban development are dominating Swedish
operations and are increasing in importance in Finland. Energy and
infrastructure assignments are providing a stable employment base.
Capacity within Building and Property is satisfying due to
assignments within public sector construction while private sector
construction business is shrinking in line with falling property
prices.

We continue to work hard with investments in training that will
improve the company's efficiency and strength on the market. Part of
our strategy is to assign industrial engineers to projects within
urban development as well as cost reductions.

Rejlers' Norwegian operations received two significant orders during
the quarter; one was a maintenance contract for Nokia Siemens, while
the other was an energy metering assignment for Vattenfall in Norway.
In Finland we will design and deliver all the electrical engineering
and automation to a new boiler facility in Tantunmaa in Estonia.

Rejlers' financial position is good, and we are well prepared for any
further adjustment to market conditions.
Our growth target remains. We are strengthening our business by
recruiting a new CFO for the Rejler Group with effect from 17 August
2009.

For further information, please contact:
Peter Rejler, President and CEO, tel. +46 (0)70-602 34 24, e-mail:
peter.rejler@rejlers.se
Kjell Sandin, CFO, tel. +46 (0)70-399 10 64, e-mail:
kjell.sandin@rejlers.se

Rejlers is a Nordic group offering technical consultancy services in
the fields of electrical engineering, energy, mechanical engineering,
automation, electronics, IT and telecommunications. Rejlers' shares
are listed on the Nordic list of Nasdaq OMX.