Interim Report January - June 2009

Comments from the Group CEO Johan Hjertonsson • Continued weak business cycle during the first half of 2009. • Order intake, adjusted for comparable operations is only 2 % lower than in the previous year. • Several break-through orders in the United Arab Emirates. • The acquisition of the Belgian lighting company, Waco, was completed after the end of the reporting period. • A review of the Group’s cost structure is in progress