• Operating profits increased to MSEK 20 during the first quarter 2008.
• Turnover increased by 19 per cent during the first quarter.

January – March
• Net turnover MSEK 1 007 (845)
• Operating profit MSEK 20 (13)
• Profit after tax MSEK 15 (10)
• Earnings per share SEK 0.17 (0.10)

Lars Wahlström, CEO, comments:

– The profit for the first quarter was MSEK 20, in spite of the first quarter normally being a weak season and this year it was further affected by an early Easter, says Lars Wahlström, CEO Proffice AB. Our specialist areas, which strongly contribute to the increased profits, now stand for more than half of the result. 

Important events after the end of the period
ICA and Proffice have agreed to create a close cooperation and Proffice has been choosen by ICA as their first hand supplier for staffing services. With the frame agreement now in force, the parties have agreed on a form of co-operation, which will increase the efficiency for both parties.  The cooperation, which includes both the Swedish and Norwegian markets, started already in December 2007. The agreement is valid for two years.

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

Proffice AB (publ), org. nr. 556089-6572, P.O. Box 70368, SE-107 24 Stockholm.
Phone: +46 8 787 17 00, www.proffice.com.

Upcoming reports:
Interim report January – June 2008: 2008-08-21 at 08:00 CET
Interim report January – September 2008: 2008-11-12 at 08:00 CET

The above information is such that Proffice AB (publ) is obligated to disclose in accordance with the Swedish Securities and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was submitted for publication on May 8, 2008 at 08:00 CET.