Strong margin growth

In today’s first quarter interim report, Nolato reports an operating profit
(EBITA) of SEK 94 million (122), and an operating margin of 10.1% (9.7). The
reason for the strong margin is advanced market positions and sustained
improvements in efficiency and productivity. Group sales stood at SEK 932
million (1,254), with cash flow after investments of SEK 17 million (16).
“Although sales for the quarter were clearly lower than last year, due to the
expected downturn for Nolato Telecom, the Group has delivered a very strong
margin. The strong margin is the result of the Group’s focus on lean
manufacturing and our flexible production structure at Nolato Telecom, which
quickly enables us to adapt costs,” says CEO of Nolato Hans Porat.

Nolato’s business model is based on close, lasting and innovative collaboration
that creates added value for both customers and shareholders. The strategic work
of recent years has resulted in a balanced Group structure and advanced market
positions.

“Solid profitability has been and is our top priority. With advanced technology
and a solid financial position, we are well equipped to invest for the future
and continue to grow with our customers,” continues Hans Porat.

At the end of the first quarter, the equity/assets ratio was 54% (44) and net
financial assets were SEK 133 million (–100).

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For further information, please contact:
Hans Porat, President and CEO, +46 705 517550
Per-Ola Holmström, CFO, +46 705 763340

Nolato is a Swedish group operating in Europe, Asia and North America. Sales in
2013 amounted to SEK 4.5 billion. We develop and manufacture products made from
polymer materials such as plastic, silicone and TPE for leading customers in
medical technology, pharmaceuticals, telecoms, automotive, hygiene and other
selected industrial sectors. Nolato shares are listed on NASDAQ OMX Stockholm,
where Nolato is a Mid Cap company in the Industrials sector.

The information is such which Nolato AB is obliged to disclose under the Swedish
Securities Market Act and/or the Swedish Financial Instruments Trading Act. This
information was made public on 28 April 2014 at 2.30 pm.

www.nolato.com