Cardo's annual report 2009

Cardo's annual report 2009 

Cardo's annual report for 2009 is being published in Swedish today on our
website at www.cardo.com. The printed version will be distributed to
shareholders and other parties.

In the annual report, Cardo's President and CEO Peter Aru comments:
“Cardo is a changing company. The past year put us to the test in our process of
change, but in a very difficult market situation we succeeded in adapting to the
reality faced by our customers.”

Some of the main points emphasized in the annual report are: 
•	Service successful in tough market
•	High price competition, but price level maintained at expense of some volume
•	Strong cash flow and low net interest bearing debt

At the beginning of April, the English version of the annual report will be
available to read and download at Cardo's website at www.cardo.com. The website
also provides information on giving notice of intention to attend Cardo's AGM on
April 7. 

The printed English version of the annual report will be distributed from
mid-April to those shareholders and other parties who have notified Cardo's
subscription service that they wish to receive it by regular mail. Printed
copies may be requested at the website, via e-mail to inf@cardo.com or from
Cardo Communications & Investor Relations, tel +46 10 4747 000. 

Malmö, Sweden, March 19 2010
Cardo AB (publ)


This information is such that Cardo must publish under the Swedish Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on March 19 2010 at 2.30 pm.

For further information, pleases contact: 
Maria Bergving, Senior Vice President Communications and Investor Relations,
tel +46 10 4747 405, +46 70 602 61 81 
Thomas Niklasson, Head of Investor & Public Relations, tel +46 10 4747 459, +46
70 277 99 50


Cardo is a world-leading supplier of industrial doors and logistics systems,
wastewater treatment systems, process equipment for the pulp and paper industry
and garage doors. With sales of SEK 9 billion and approximately 5,400 employees
worldwide, Cardo delivers solutions that help to solve some the toughest
challenges of our time in the fields of water, transportation and energy.
Corporate headquarters are located in Malmö, Sweden.