Interim report January - September 2011


Interim report January - September 2011

The general economic outlook was discussed considerably during the
quarter, although eWork continued to enjoy good growth.
Sales and profits increased significantly and we signed a Letter of
Intent with Sony Ericsson, which will represent our largest commitment
so far.

THIRD QUARTER 2011 COMPARED WITH 2010

  · Net sales rose by 34 percent to SEK 569.8 million (425.7)
  · Operating profit increased by 71 percent to SEK 12.3 million (7.2)
  · Order intake was SEK 559 million (395), representing an increase of
42 percent
  · Earnings per share after tax and after dilution were SEK 0.54 (0.36)
  · A Letter of Intent has been signed with Sony Ericsson implying that
eWork will take over consultant
delivery representing 20 percent of eWork's sales as of 1 January 2012

FIRST NINE MONTHS 2011 COMPARED WITH 2010

  · Net sales rose by 40 percent to SEK 1,850.9 million (1,325.7)
  · Operating profit increased by 57 percent to SEK 37.7 million (24.0)
  · Earnings per share after tax and after dilution were SEK 1.66 (1.13)

Further information is available from
Claes Ruthberg, President and CEO
+46 8 50 60 55 00
Ulf Henning, CFO
+46 8 50 60 55 00, +46 70 555 35 45

Information disclosed in this interim report is that which eWork
Scandinavia AB (publ) will publish pursuant to
the Swedish Securities Market Act. Such information will be submitted
for publication at 15.00 hrs (CET) on 24 October 2011.

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