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Interim Report for New Wave Group AB (publ) Q3 January -- September 2005

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STOCKHOLM, Sweden, Oct. 27, 2005 (PRIMEZONE) -- Interim Report for New Wave Group AB (publ) Q3 January--September 2005.

The profit for the third quarter increased by msek 27.8 to msek 56.4 (28.6)

-- Sales increased by 28 % to SEK 2 029 (1 590) M during January -- September.

-- Profit after net finance increased by SEK 0.2 M to SEK 122.4 (122.2) M. Acquired units contributed with SEK 15.1 M.

-- The total cost for new establishments amounted to SEK 25.7 M.

-- Profit after tax increased to SEK 93.6 (92.7) M and profit per share decreased to SEK 1.45 (1.46).

-- Sales for the third quarter increased by 47 % to SEK 774 (525) M and profit after finance by MSEK 27.8 to MSEK 56.4 (28.6).

-- The Corporate Profiling business area's sales increased by 25 % to SEK 1 335(1 070) M. Profit on EBITDA-level increased by SEK 20.0 M to SEK 147.9 (127.9) M.

-- The Retailing business area's sales increased by 33 % to SEK 694 (520) M. Profit on EBITDA-level decreased by SEK 8.2 to SEK 29.5 (37.7) M.

-- On 1 July, New Wave Group acquired 51 % of the shares in Intraco Holding BV for approx. EUR 4 M, including an option to acquire the rest of the shares.

-- On October 4, an agreement was reached with Royal Scandinavia A/Sto change the initial acquisition of 51 % in Orrefors Kosta Boda HoldingAB to include all the shares. The total purchase price for all theshares amounts approx. to SEK 24.5 M.

-- New Wave was elected 30-th fastest growing company in Europe 500's list ``Europe's champions of growth" and was the only Swedish company among the 100 ``hottest growing companies" by Business Week's ranking.

-- The fourth quarter will be crucial for the whole year's profit. New Wave's previous forecast on increased profit and sales for year 2005 remains.

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=144978&fn=wkr0001.pdf

CONTACT: New Wave Group  
         CEO Torsten Jansson 
         Phone: +46(0)708 99 80 50/ +46(0)303 24 65 01
         E-mail: torsten.jansson@nwg.se

         dCEO Goran Harstedt
         Phone: +46(0)708 99 80 17/ +46(0)303 24 65 02
         E-mail: goran.harstedt@nwg.se

         CFO, Krister Magnusson
         Phone: +46(0)708 99 80 21/ +46(0)303 24 65 11 
         E-mail: krister.magnusson@nwg.se


 
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