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July 18, 2008 | Interim Report
1st Half 2008

• Sales totaled SEK 4,473 m (4,090). Adjusted for currency exchange rates, sales rose 14%. Order intake totaled SEK 4,355 m (4,096). After adjustments for currency exchange rates, the increase was 12%.

• Earnings per share amounted to SEK 5.20 (4.38).

• Operating income* and the operating margin* continued to improve and amounted to SEK 237 m (179) and 5.3% (4.4), respectively.

• Earnings in Garphyttan Wire continued to improve. The operating margin was 10.1% (4.7%).

• Cash Flow from operating activities was strong in the period amounting to SEK 512 m (52).

• On April 1, Haldex completed the acquisition of Concentric, a world-leading supplier of oil, water and fuel pumps for midsize and large diesel engines for trucks and construction machinery. Sales in Concentric amounted to SEK 220 m with an operating income* of SEK 30 m.

• Sales and operating income* are expected to be significantly higher in 2008 compared with 2007, which means that the outlook for the full year remains unchanged from the previously reported outlook. For more information, refer to Outlook for 2008, page 8.


* Excluding amortization of acquisition-related surplus values.



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