Interim report January – September 2008

11/10/2008 10:38 AM EST

• Strong growth continued during the period
• Net revenue up by 70.7 percent from 2007
• Operating profit improved by 42.6 percent compared with 2007
• New forecast for full-year pre-tax profit: SEK 50 million (previous forecast: SEK 60 million).


NINE-MONTH PERIOD (JANUARY – SEPTEMBER 2008)

• Net revenue increased to SEK 1,358.4 million (795.8)
• Operating profit improved to SEK 32.8 million (23.0)
• Profit before tax amounted to SEK 34.4 million (24.2)
• Cash flow from operations was SEK 9.2 million (5.5)
• Operating margin declined to 2.4 percent (2.9)
• EPS after tax was SEK 1.48 (1.02), adjusted for split carried out on 22 April 2008.


CURRENT PERIOD (JULY – SEPTEMBER 2008)

• Net revenue increased to SEK 423.5 million (273.7)
• Operating profit improved to SEK 10.0 million (8.2)
• Profit before tax amounted to SEK 10.7 million (8.4)
• Cash flow from operations was SEK -3.6 million (2.8)
• EPS after tax was SEK 0.46 (0.34), adjusted for split carried out on 22 April 2008.

Further information is available from:
Claes Ruthberg, President and CEO, +46 8 50 60 55 00
Ulf Henning, CFO, eWork Scandinavia AB, +46 8 50 60 55 00