Interim Report from ProfilGruppen AB (publ.), January - September 2008

* Reuters is not responsible for the content in this press release.

Thu Oct 23, 2008 3:04am EDT 

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News

   Declining market

   Third Quarter

   --  Turnover MSEK 259.1 (257.1), up 1 per cent compared with
        previous year

   --  Operating profit MSEK 10.7 (13.9), down 23 per cent

   --  Earnings per share SEK 1.30 (1.76), down 26 per cent

   Nine months

   --  Turnover MSEK 865.5 (886.3), down 2 per cent compared with
        previous year

   --  Operating profit MSEK 39.9 (47.2), down 15 per cent

   --  Net income MSEK 24.8 (29.5), down 16 per cent

   --  Cash flow from current operations MSEK -4.3 (37.0)

   --  Earnings per share SEK 5.03 (5.99), down 16 per cent

   --  Return on capital employed 18.8 per cent (22.7)

   Nils Arthur, President and CEO of ProfilGruppen (STO:PROFB) says,

   "The weakening demand has, as a consequence of the financial
crisis, been worsened. This has influenced the result of the third
quarter to a limited extent, but the impact is estimated to be more
significant in the fourth quarter.

   We have already taken actions to adapt to the current market
situation. Among other things, on the 8th of October, we initiated
negotiations with the unions regarding staffing level cutbacks of 55
employees. Simultaneously we implement the investment programme
decided earlier this year in order to secure our long term
competitiveness."

   This information is published in accordance with applicable laws,
listing agreements and directives. The information was released to the
media on October 23 2008 at 08:30.

   For the income statement and balance sheet, key figures and other
facts about the Group, refer to pages 6-14. Current information and
photographs for free publication are available at
www.profilgruppen.se.

   This information was brought to you by Cision
http://www.cisionwire.com

Nils Arthur
President and CEO
telephone: +46 (0)474 55 400
mobile: +46 (0)70 349 57 90
e-mail: nils.arthur@profilgruppen.se
or
Peter Schon
CFO
telephone: +46 (0)474 55 120
mobile: +46 (0)70 339 89 99
e-mail: peter.schon@profilgruppen.se

Copyright Business Wire 2008
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