Improved profit and continued growth

·         Operating profit increased to MSEK 22 during the fourth quarter

·         Net turnover increased by 49 per cent during the fourth quarter  

- We are pleased that the new strategy laid out during the first half year of 2006, now is starting to give result. The aim is to continue a long term improvement of profitability through specialisation in all our Nordic countries, says Lars Wahlström, CEO Proffice AB.

January - December

·         Net turnover MSEK 2,851 (2,087) – an increase by 37 per cent

·         Operating profit MSEK 37 (-40)

·         Profit after tax MSEK 24 (-30)  

·         Earnings per share SEK 0.28 (-0.46)

Fourth quarter

·         Net turnover for the fourth quarter MSEK 865 (581) – an increase by 49 per cent

·         Operating profit MSEK 22 (-6)

·         Operating profit after tax MSEK 15 (-5)

·         Earnings per share SEK 0.17 (-0.07)

Please find the report in full under Interim reports

Questions related to this report will be answered by:

Lars Wahlström, CEO, phone +46 73 34 34 200 lars.wahlstrom@proffice.com.

Anneli Lindblom, CFO, phone +46 73 34 34 020 anneli.lindblom@proffice.com

For further information please see www.proffice.com