BTS GROUP AB (PUBL) - Interim report January 1-June 30, 2011

Continued growth. Changes in foreign exchange rates and investments weighed on
earnings.

January 1-June 30, 2011
  * Net turnover amounted to MSEK 330.2 (321.1). Adjusted for changes in foreign
    exchange rates, growth was 16 percent.
  * Profit before tax decreased by 13 percent to MSEK 36.7 (42.3). Adjusted for
    changes in foreign exchange rates, earnings were unchanged.
  * Profit after tax decreased by 12 percent to MSEK 24.0 (27.4).
  * Earnings per share decreased by 12 percent to SEK 1.33 (1.52).

The second quarter 2011
  * Net turnover amounted to MSEK 186.7 (183.6). Adjusted for changes in foreign
    exchange rates, growth was 18 percent.
  * Profit before tax decreased by 9 percent to MSEK 29.3 (32.3). Adjusted for
    changes in foreign exchange rates, earnings improved by 4 percent.
  * Profit after tax decreased by 9 percent to MSEK 19.2 (21.0).
  * Earnings per share decreased by 9 percent to SEK 1.06 (1.16).


[HUG#1538853]