Year-end report January 1 – December 31 2012, ProfilGruppen AB (publ.)

Further weakening of demand in the fourth quarter

Fourth quarter

• Turnover MSEK 161.7 (195.5), down 17 percent compared to previous year
• Operating profit MSEK 6.4 (1.4) after one-off items amounting to net MSEK 17.9 (3.4)
• Net income MSEK 9.8 (-0.6)
• Cash flow from current operations after one-off items MSEK 31.2 (-6.5)
• Earnings per share SEK 1.99 (-0.14)

Full year

• Turnover MSEK 786.0 (836.7), down 6 percent from previous year
• Operating profit MSEK 30.1 (17.7) after one-off items amounting to net MSEK 27.2 (1.9)
• Net income MSEK 23.0 (7.5)
• Cash flow from current operations after one-off items MSEK 51.2 (21.6)
• Earnings per share SEK 4.66 (1.51)

Anders Frisinger, President and CEO of ProfilGruppen, says:
"The demand weakened further in the fourth quarter and our competitiveness was challenged by the strong Swedish krona. Even though the reduction of working hours for all employees has contributed to a cost reduction, the operating result for the last quarter of the year was negative excluding positive one-off items.