INTERIM REPORT Q1 1 APRIL - 30 JUNE 2016

FIRST QUARTER

  · Net sales amounted to SEK 1,760 million (1,472) and increased by 20 percent.
  · Operating profit before amortisation of intangible non-current assets
(EBITA) amounted to SEK 179 million (130) corresponding to an EBITA-margin of
10.2 percent (8.8).
  · Operating profit increased by 40 percent and amounted to SEK 153 million
(109) corresponding to an operating margin of 8.7 percent (7.4).
  · Profit after financial items increased by 35 percent and amounted to SEK 145
million (107).
  · Profit after tax amounted to SEK 113 million (83).
  · Earnings per share totalled SEK 1.65 (1.20). For the most recent 12-month
period, earnings per share amounted to SEK 5.30 (4.95).
  · Cash flow from operating activities amounted to SEK 104 million (64). For
the most recent 12-month period, cash flow per share amounted to SEK 7.70
(7.95).
  · Return on equity amounted to 22 percent (28).
  · The equity ratio amounted to 40 percent (42).
  · During the period, the Group implemented four acquisitions, which add total
annual sales of about SEK 200 million.

CEO'S COMMENTS

A GOOD START TO THE YEAR
The Group presented a good development in the beginning of this financial year.
Sales and earnings increased, both organically and through acquisitions. The
selective cost adjustments carried out has also had a positive effect on
earnings. In total operating profit increased by 40 percent compared to the same
quarter last year.

Demand improved in several of the niche markets in which we operate, though our
businesses continued to experience considerable variation among customer
segments. Demand developed positively from customers in infrastructure, such as
electricity transmission and the building & installation segments in the Swedish
market, while other geographical markets were relatively stable. Within the
energy sector, the market situation was particularly positive in wind power.
Demand within the oil and gas sector in Norway remains at the same low level as
in the fourth quarter. However, there are signs of stabilisation and some
recovery. Sales of production components to manufacturing companies increased
somewhat in all Nordic markets, covering most customer segments such as
machinery manufacturing, medical technology, ships and electronics. Demand for
products in telecom declined, while demand for products used in special vehicles
was relatively stable. All in all, the business situation on our markets outside
the Nordic region was positive.

COMPLETED ACQUISITIONS
We continued to acquire profitable technology companies with market-leading
niche positions. To date during this financial year, we have completed four
acquisitions with total annual sales of about SEK 200 million and approximately
70 employees. Two of the acquisitions were carried out in Finland, one in the UK
and one in China. With a robust cash flow and a strong balance sheet, we have
good opportunities to carry out new interesting acquisitions during the year.

Stockholm 15 July, 2016

Johan Sjö, President and CEO.

The interim report for the period 1 April – 30 September 2016 will be published
on 26 October 2016.

For further information, please contact:
Johan Sjö, President and CEO, Addtech AB, +46 8 470 49 00
Christina Kassberg, CFO, Addtech AB, +46 8 470 49 00

This information is information that Addtech AB (publ) is obliged to make public
pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The
information was submitted for publication, through the agency of the contact
persons set out above, at 1.00 p.m CET on 15 July 2016.

Addtech in brief
Addtech is a technology trading group that provides technological and economic
value added in the link between manufacturers and customers. Addtech operates in
selected niches in the market for advanced technology products and solutions.
Its customers primarily operate in the manufacturing industry and
infrastructure. Addtech has about 2 000 employees in approximately 120
subsidiaries that operate under their own brands. The Group has annual sales of
about SEK 6 billion. Addtech is listed on the Nasdaq Stockholm.