Interim report January – March 2010

2010-04-27 - 08:30

Continuous strong underlying growth with good profitability and cash flow

• Growth in local currency was 15 percent. Sales amounted to SEK 75 (72) million, corresponding to an increase of 5 percent in SEK. • Operating income before research and development costs increased by 21 percent and amounted to SEK 21 (17) million. • Operating income (EBIT) increased by 14 percent and amounted to SEK 10 (9) million. The operating margin was 13 (12) percent. • The Group’s net income amounted to SEK 10 (8) million, which gives earnings per share of SEK 0.50 (0.43) • The cash flow from operating activities was SEK 7 (-3). • The clinical study on STEEN Solution™ was completed during the period. • A collaboration agreement was entered into with Finn-Medi Research Ltd concerning the Stem Cells area. April 27, 2010 Gothenburg Magnus Nilsson CEO Queries should be addressed to: Magnus Nilsson, CEO; phone +46 31 721 80 61 Eva Nilsagård, CFO, phone +46 31 721 80 13