Net sales increased by 10% compared with the same period 2004 and earning levels were maintained. Sales rose particularly in America and Central Europe. Order intake continued at a high level in Asia however other areas weakened. New products have generally found a positive acceptance by the market. 

• Net sales amounted to MSEK 848 (772). 
• Earnings before interest, taxes and amortization of intangible assets (EBITA) amounted to MSEK 85 (78). The EBITA margin was 10% (10%).
• Operating income (EBIT) amounted to MSEK 73 (68). Earnings before tax amounted to MSEK 50 (43), and net income to MSEK 36 (31). 
• The debt/equity ratio amounted to 1.1 (1.5) and the equity ratio was 31% (28%).
• Inventories were 5% (6%) of net sales.
• Comparative figures for 2004 are restated in accordance with the newly applied IFRS accounting principles.

FlexLink is a leading global supplier of innovative automation solutions to assembly and manufacturing industries. FlexLink, based in Göteborg, Sweden employs 540 people in 25 companies and is represented in 50 countries. In 2004, group turnover was MSEK 1,137. 

Göteborg, October 21, 2005

FlexLink AB