Interim Report 1 January - 30 September 2006

· Sustained brisk progress for the group.
· Net turnover grew by 21 per cent to SEK 539.5 m (446.9).
· Operating profit up by 37 per cent to SEK 60.0 m (43.8).
· Profit after tax grew to SEK 41.1 m (29.4) with earnings per share of SEK 6.60 (4.73).
· Transactions finalized with Mitsubishi Electric and UTU Powel.

 Comments from Göran Sigfridsson, our CEO

"Beijer Electronics posted its strongest quarterly earnings figure yet, despite the third quarter usually being the weakest in seasonal terms - progress in the period exceeded our expectations. These healthy earnings confer us with increased resources to exploit the group's wealth of opportunities for continued profitable expansion.

The Automation business area's healthy sales and earnings growth was pleasing, particularly considering that the market is mature. Our deals with Mitsubishi Electric and UTU Powel that were finalized at the end of the quarter have generated entirely new developmental possibilities for the business area. We are now able to focus fully on Automation's expansion throughout the Nordic region, and the Baltic states.

The HMI Products business area made excellent progress in the quarter and remains convincing, with solid organic growth and high profitability. We have outgrown the market signifi cantly as a result of the success of our new product range, while sales of the preceding product generation remain stable. Our strong position provides us with increased scope for focusing more sharply on product development and expanding our marketing organization."

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