Order intake amounted to 677 MSEK in the first half of the year, which is 4% below last year. Europe has started the year with strong order intake while Americas and Asia Pacific are behind. 

The outlook for 2007 is still promising and sales for the first half of the year reached 630 MSEK, which represents a 6% increase compared to last year. 

During 2007, FlexLink has received significant system orders from the FMCG (Fast Moving Consumer Goods), paper converting, electronics, optical and healthcare industries. A number of leading international companies have extended their preferred supplier agreements with FlexLink. Engineering and assembly capacity were fully utilized during the period, and outstanding quote volumes continue to be at historically all time high levels.

The deterioration of EBITA is mainly explained by IDC-effects and increased portion of larger projects with lower margins. 

• Order intake amounted to MSEK 677 (703).
• Net sales amounted to MSEK 630 (597).
• Earnings before interest, taxes and amortization of goodwill (EBITA) amounted to MSEK 24 (57). The EBITA margin was 4% (10%).
• Working capital amounted to MSEK 76 (90). 

In May 2007, Bo Elisson was appointed Chairman of the FlexLink Board of Directors. He has worked more than 30 years within the ABB group, latest heading ABB's global robotics business.

FlexLink is a leading production logistics supplier - providing material and information flow management solutions to assembly and manufacturing industries. Based in Göteborg, Sweden, FlexLink has 650 employees, operates 25 sales units and is represented in 60 countries. In 2006, group turnover was MSEK 1,278 (138 M€).

Göteborg, August 24, 2007
FlexLink Group