Order intake amounted to 985 MSEK in the first half of the year, which is 3 % below last year.

Europe continues the year with good order intake while Americas and Asia Pacific are still behind. 

Sales for the first nine months of the year reached 962 MSEK, which represents a 5% increase compared to last year. 

• Order intake amounted to MSEK 985 (1014). 
• Net sales amounted to MSEK 962 (912). 
• Earnings before interest, taxes, depreciation and amortization of goodwill (EBITDA) amounted to MSEK 58 (90). The EBITDA margin was 6% (10%). 
• Working capital amounted to MSEK 75 (103)    

The continued deterioration of EBITDA is explained by large start-up problems at our international distribution centre IDC in Germany. Our partner has not been able to reach a satisfactory performance level. In addition to this, FlexLink continues to work with day-to-day changes designed to improve our profitability. 

In September FlexLink had the biggest product launch in its history – the X85 conveyor, pallet system, line control and Youtilize® software. This represents a major upgrade of our existing offer.

FlexLink has made an agreement with Semcon Sweden AB to acquire all shares in Compliant Logistics AB, effective from October 17, 2007.

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,
FlexLink Group