Interim Report 1 April-30 September 2011 (6 months)

1 April - 30 September 2011 (6 months)

  * Revenue increased 21 percent, to SEK 2,453 million (2,035).
  * Operating profit increased 31 percent, to SEK 226 million (172).
  * Profit after financial items increased 30 percent, to SEK 216 million (166),
    and profit after taxes increased 30 percent, to SEK 157 million (121).
  * Earnings per share amounted to SEK 7.00 (5.40). For the most recent 12-month
    period, earnings per share was SEK 13.40 (9.15).
  * Cash flow from operations totalled SEK 86 million (83). For the most recent
    12-month period, cash flow per share amounted to SEK 13.65 (11.40).
  * The return on equity was 34 percent (26), and the equity ratio was 34
    percent (39).
  * Since the start of the financial year, four acquisitions made by the Group
    have taken effect, one of which after the end of the period, adding sales of
    about SEK 250 million on an annual basis.

1 July - 30 September 2011 (3 months)

  * During the second quarter, revenue increased 20 percent to SEK 1,218 million
    (1,019).
  * Operating profit increased 37 percent to SEK 114 million (83) and operating
    margin amounted to 9.4 percent (8.1).
  * Earnings per share amounted to SEK 3.55 (2.60) during the quarter.



Stockholm, 27 October 2011

Johan Sjö
President and CEO



This report has not been subject to review by the Company's auditor.

The interim report for the period 1 April - 31 December 2011 will be published
on 9 February 2012.

For further information, please contact:
Johan Sjö, President and CEO, +46 8 470 49 00
Kristina Willgård, CFO, +46 8 470 49 10

The full report including tables may be downloaded from the following link:


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