03/04/2008
Page 1
Annual General Meeting 2008
Stockholm, April 2
03/04/2008
Page 2
2007, a very good year !
03/04/2008
Page 3
2007 in brief
• Turnover: 1,571 MSEK (1,448)
• Operating profit: 161 MSEK (107)
• Profit before tax: 155 MSEK (92)
• Earnings/share: 13.95 SEK (7.87)
• EBITA-margin: 10.3% (7.4)
• Number of employees: 968 (952)
• Acquisitions of Display Team and
Sooni Oy
• Growth drivers Eastern Europe
(+30%), Asia (+25%) and Nordic
Baltic (+18%)
• New long term financial goals
– Organic growth 5-10 %
– EBITA-margin of at least 12 %
03/04/2008
Page 4
Sales development, MSEK
1 071
1 154
1 129
1 249
1 285
1 448
1 571
0
200
400
600
800
1 000
1 200
1 400
1 600
2001 2002 2003 2004 2005 2006 2007
03/04/2008
Page 5
Profit before tax, MSEK
82
65
-9
93
62
92
155
-10
10
30
50
70
90
110
130
150
170
2001 2002 2003 2004 2005 2006 2007
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Page 6
Number of employees
855
925
975
967
933
949
968
780
800
820
840
860
880
900
920
940
960
980
2001 2002 2003 2004 2005 2006 2007
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Page 7
Key figures, quarter
Q1 06
Q2 06
Q3 06
Q4 06
Q1 07
Q2 07
Q3 07
Q4 07
Net Sales, MSEK
342
360
352
394
391
389
378
413
Operating profit,
MSEK
22.1
24.9
35.0
24.6
37.2
39.4
35.2
48.8
Profit before tax,
MSEK
19.7
19.2
32.0
21.4
37.6
35.9
33.1
48.1
Profit margin, %
5.8
5.3
9.1
5.4
9.6
9.2
8.8
11.6
Earning per share,
SEK
1.73
1.62
2.76
1.75
3.33
3.22
2.94
4.45
Equity/assets, %
43.8
45.9
46.4
44.2
43.9
49.2
50.9
53.3
Number of
employees
906
931
938
947
956
956
966
989
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Page 8
Profit margin, %
Profit before taxes
5,4
5,8
5,3
11,6
9,2
8,8
9,6
9,1
0,0
2,0
4,0
6,0
8,0
10,0
12,0
14,0
Q1 06 Q2 06 Q3 06 Q4 06 Q1 07 Q2 07 Q3 07 Q4 07
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Page 9
Turnover per region
North
America
1%
Eastern E
22%
Asia &
Australia
8%
Western E
46%
Nordic
23%
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Page 10
Turnover per customer
segment
Brands
19%
Retail Non
Food
17%
Shop fitters
9%
Distrib
7%
Others
8%
Retail Food
40%
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Page 11
Seasonal effects
80
100
120
140
160
J
F
M
A
M
J
J
A
S
O
N
D
2005
2004
2006
2007
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Page 12
December 2007
0
100
200
30