Interim report from profilGruppen AB (publ), January 1 – June 30 2014

Completed rights issue in July and a small but positive result for the second quarter

Second quarter

• Turnover MSEK 219.7 (205.0), up 7 percent compared to previous year
• Operating profit MSEK 2.6 (0.9)
• Net income MSEK 0.7 (-0.4)
• Cash flow from operating activities MSEK 13.2 (-7.8)
• Earnings per share SEK 0.15 (-0.08)

First sixth months

• Turnover MSEK 422.4 (384.8), up 10 percent compared to previous year
• Operating profit MSEK 0.3 (-3.6)
• Net income MSEK 1.2 (-4.9)
• Cash flow from operating activities MSEK 17.0 (-13.6)
• Earnings per share SEK 0.25 (-0.99)

Kåre Wetterberg, acting CEO of ProfilGruppen, comments:
"The reinforcement of the sales organisation is beginning to materialise into increased volumes. This in combination with a weaker SEK influences the result positively. The rights issue was oversubscribed which I consider as a sign of the owners confidence in the company. We still have a number of old agreements, which over time, has become disadvantageous for us and therefore influence the result negatively."