HALDEX SIX-MONTH REPORT JANUARY

HALDEX SIX-MONTH REPORT JANUARY - JUNE 2011

Q2: Continued strong results with an operating margin of 6.4%


  · The Group's structural programs were completed during this second
quarter. Haldex Continued Operations consist of the former Commercial
Vehicle Systems Division.

Haldex Continued Operations:

  · Sales for Haldex Continued Operations totaled SEK 1,978 m (1,858).
Adjusted for exchange rate fluctuations, sales increased 19% compared
with the same period prior year. The increase, predominantly in the OE
segment, shows the solid underlying demand continuing in our served
markets.

  · Operating income and operating margin for Haldex Continued
Operations amounted to SEK 121 m (73) and 6.1% (3.9) respectively. The
margins continue to improve due to the higher volumes and new cost
structure. In North America we have now finished the consolidation of
our manufacturing facilities and continue to improve the operating
productivity globally of our factories.

  · Earnings after tax for Haldex Continued Operations amounted to SEK
83 m (24). Earnings per share were SEK 1.77 m (0.55).

Key ratios, Continuing Operations  Jan-Jun  Jan-Jun  Apr-Jun 2011 
Apr-Jun
SEK m                              2011     2010                   2010
Net sales                          1,978    1,858    1,026         977
Operating income                   121      73       66            43
Operating margin                   6.1      3.9      6.4           4.4
Earnings after tax                 83       24       45            15
Earnings per share                 1.77     0.55     0.95          0.34

The Group in total (including Discontinued Operations*):

  · Consolidated sales for Haldex Group totaled SEK 3,005 m (3,394).
Operating income for Haldex Group totaled SEK 2,086 m (137). Earnings
per share were SEK 45.75 (0.99).

  · On June 16, 2011 the new management was appointed. Jay C. Longbottom
assumed the responsibility as the President and CEO and Pramod Mistry
was appointed CFO of Haldex AB. The operations of Haldex are conducted
in two segments: Air Controls and Foundation Brake.

President and CEO Jay C. Longbottom Comments on the second quarter of
2011;“Haldex continued to deliver strong results during the second
quarter of 2011 with an operating margin of 6.4%. The recovery in our
served markets continued during the quarter, especially in North
America, industry forecasts maintain an optimistic outlook. Increased
sales volume, strong factory productivity and the new leaner cost
structure, boosted earnings. Our focused strategy will drive growth in
revenues and in operating margins.”

Invitation to press conference or telephone conference on July 21 at
12:00 p.m CET
Venue: Scandic Anglais, Humlegårdsgatan 23, Stockholm. A salad lunch
will be served at 11:30 a.m. CET.
Internet: The press conference will be web casted live at:
http://storm.zoomvisionmamato.com/player/haldex/objects/75mp0ars/ (http:
//storm.zoomvisionmamato.com/player/haldex/objects/75mp0ars/)
The webcast will also be available afterwards and you can download the
Interim Report and the presentation. Information regarding the telephone
conference, please see the Report.

For further information, please contact:
Investors/Analysts: Pramod Mistry, CFO, phone: +46 (0) 703 81 16 10
Kristina Brink, Corporate Communications Manager, 46 (0) 418 476188
Media: Andreas Richter, SVP Corporate Communications
HALDEX SIX-MONTH REPORT JANUARY - JUNE 2011

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