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Interim report Q1 1 September – 30 November 2008

FIRST QUARTER

– Net sales SEK 457 million (446)
– Operating profit SEK 38 million (38)
– Operating profit excluding items affecting comparability* SEK 33 million (60)
– Operating margin 8.3 % (8.5)
– Operating margin excluding items affecting comparability* 7.2 % (13.5)
– Profit before tax SEK 39 million (39)
– Profit after tax SEK 37 million (26)
– Earnings per share, basic and diluted SEK 1.53 (1.10)

* Mainly attributable to the demerger of Cloetta Fazer and to restructuring in 2007.