Interim Report 1 April - 31 December 2011 (9 Months)

1 April - 31 December 2011 (9 months)

  * Revenue rose by 19 percent to SEK 3,836 million (3,235).
  * Operating profit increased by 29 percent to SEK 353 million (274).
  * Profit after financial items increased by 28 percent to SEK 336 million
    (263) and profit after tax was up 29 percent at SEK 245 million (190).
  * Earnings per share (EPS) totalled SEK 10.95 (8.45). For the latest 12-month-
    period, EPS amounted to SEK 14.30 (10.60).
  * Cash flow from operations reached SEK 287 million (203). For the latest 12-
    month-period, cash flow per share was SEK 17.40 (11.35).
  * Return on equity was 35 percent (29) and the equity ratio was 37 percent
    (39).
  * Since the start of the financial year, six acquisitions made by the Group
    have taken effect, two of which after the end of the period, adding sales of
    about SEK 430 million on an annual basis.

1 October - 31 December 2011 (3 months)

  * Revenue during Q3 rose by 15 percent to SEK 1,383 million (1,200).
  * Operating profit climbed by 25 percent to SEK 127 million (102) and the
    operating margin reached 9.2 percent (8.5).
  * EPS during the quarter amounted to SEK 3.95 (3.10).

Stockholm, 9 February 2012

Johan Sjö
President and CEO

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

The year-end report for the period 1 April 2011 - 31 March 2012 will be
published on 9 May 2012.

The Annual General Meeting will be held in Stockholm at 4 p.m. on 29 August 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:

[HUG#1583831]