Interim report 1 July - 30 September 2014 (3 months)

1 July - 30 September 2014 (3 months)

  · Net sales rose by 18 percent to SEK 1,664 million (1,409).
  · Operating profit rose by 16 percent to SEK 140 million (121) corresponding
to an operating margin of 8.4 percent (8.6).
  · Profit after financial items rose by 16 percent to SEK 135 million (117).
  · Profit after tax amounted to SEK 103 million (90).
  · Earnings per share amounted to SEK 1.50 (1.30). For the most recent 12-month
period, earnings per share was SEK 5.65 (5.25).
  · Return on equity was 29 percent (32) and the equity ratio was 35 percent
(36).
  · During the quarter six acquisitions made by the Group have taken effect,
adding sales of about SEK 495 million on an annual basis.

1 April - 30 September 2014 (6 months)

  · Net sales rose by 10 percent to SEK 3,193 million (2,909).
  · Operating profit rose by 5 percent to SEK 267 million (254) and
the operating margin amounted to 8.4 percent (8.7).
  · Profit after financial items rose by 6 percent to SEK 254 million (241) and
profit after tax amounted to SEK 194 million (183).
  · Earnings per share (EPS) totalled SEK 2.90 (2.70).

Stockholm 5 November, 2014

Johan Sjö
President and Director

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

The interim report for the period 1 April - 31 December 2014 will be published
on 12 February 2015.

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