Rejlers' Interim Report, January-March 2010

29 April 2010

Increased demand for recruiting in an improved market

First quarter
  * The turnover amounted to SEK 198.7 million (210)
  * Operating profit was SEK 11.5 million (18.5)
  * Operating margin amounted to 5.8 per cent (8.8)
  * Profit after tax was SEK 8.0 million (13.5)
  * Earnings per share were SEK 0.74 (1.25)


Statement from Managing Director and CEO Peter Rejler
The business in three of our customer groups in Sweden; Infrastructure, Energy
and Construction and property have withstood the recession well. The operations
in these areas continue at a high level, with a good level of activity. Against
the background of the investments that have been made in the energy and
infrastructure areas, we foresee that these segments will have a high level of
activity for a long time to come.  Construction and property are coming up to
speed again, in step with the improved economy, and we have assignments for
several major projects.

Since we are now receiving increasingly stronger signals from our industry
customers in Sweden that their need for consultants is increasing, even if it is
from a low level, it feels as if a normalisation is on the way.

Our Telecommunications business in Norway continues to grow and we are building
further with continued recruiting.

In contrast, in Finland the depression is deeper than feared. The recovery in
Finnish industry is slow, and we believe that the turnaround will not come
before the autumn. Currently, 55 industry consultants are temporarily laid off.
We are now making even greater efforts to increase the assignments within Energy
and Infrastructure, as well as Construction and property, to obtain a healthy
balance between our customer segments in Finland as well.

Rejlers managed to attract several new customers during the first quarter. Among
those we have signed agreements with are Fortum Distribution, BAE Systems
Hägglunds and TeliaSonera. Rejlers in Finland has been entrusted with planning
the construction related to the 2014 Olympic Games in Sochi.

The improved market conditions in Sweden and Norway means that we are increasing
the rate of recruitment. In Finland, experienced consultants are being recruited
in Infrastructure and Energy, among others. This is in line with our expansion
plans, 2015 x 3 which means that in 2015 Rejlers will have a turnover of 2015
million SEK and 2015 employees. For 2010 we expect a better profit compared to
2009.


For further information, please contact:
Peter Rejler, MD and CEO, Tel. +46 (0)70-602 34 24, e-mail:
peter.rejler@rejlers.se <mailto:peter.rejler@rejlers.se>
Lars Solin, CFO, Tel. +46 (0)73-386 15 20, e-mail: lars.solin@rejlers.se
<mailto:lars.solin@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 NASDAQ
OMX Nordic Exchange.



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