POOLIA: Interim Report 1 January – 30 September 2015

Regulatory News:

Poolia AB (STO:POOLB)

Quarterly period July-September, continuing operations

Reported revenue, earnings, cash flow and financial ratios relate to continuing operations, and do not include Poolia UK.

· Revenue amounted to SEK 177.7 (163.0) million, an increase of 9.0%.

· Operating profit amounted to SEK 4.2 (3.7) million, with an operating margin of 2.4% (2.2%).

· Profit before tax amounted to SEK 6.6 (3.7) million.

· Profit after tax was SEK 4.5 (1.9) million.

· Earnings per share amounted to SEK 0.26 (0.11).

· Cash flow from operations for the quarter was SEK -0.9 (-5.1) million.

Discontinued operations

· Profit/loss from discontinued operations was SEK 0.0 (0.0) million for the third quarter and SEK 0.0 (-1.6) million for the period January-September.

· Cash flow from discontinued operations, including the sale of the UK operations, for the period January-September was SEK 0.0 (7.1) million.

Interim period January-September, continuing operations

Reported revenue, earnings, cash flow and financial ratios relate to continuing operations, and do not include Poolia UK.

· Revenue amounted to SEK 546.9 (521.3) million, an increase of 4.9%.

· Operating profit amounted to SEK 9.1 (4.6) million, with an operating margin of 1.7% (0.9%).

· Profit before tax amounted to SEK 11.4 (4.4) million.

· Profit after tax was SEK 7.8 (1.8) million.

· Earnings per share amounted to SEK 0.46 (0.11).

· Cash flow from operations for the period was SEK -0.6 (5.0) million.

· The equity/assets ratio ended the period at 32.6% (34.4%), and the Group’s equity per share was SEK 4.06 (3.89).

From the CEO – Quarter 3 - an interim period

Poolia's revenue for continuing operations for the third quarter amounted to SEK 177.7 million, an increase of SEK 14.7 million (9.0%) from the third quarter of 2014. Operating profit for the same period was SEK 4.2 (3.7) million.

The Swedish business was responsible for 68% of the Group's revenue in the third quarter. Sweden increased its revenue by SEK 15.2 million to 120.9 million, i.e. growth of 14.4%, compared with the same quarter the previous year. Operating profit/loss for Poolia Sweden during the quarter was SEK 0.0 (-2.2) million. The operating margin was 0.0% (-2.1%).

Poolia Sweden incurred restructuring costs of SEK 0.2 (1.0) million during the quarter.

Growth in Poolia's German operations slowed down in the third quarter and amounted to SEK 1.3 million (2.9%). The operating margin fell to 9.2% (12.6%) during the period.

Revenue for Poolia's Finnish operations showed a decline of SEK 1.8 million (13.8%) during the quarter, with the operating margin falling to 0.0% (2.3%).

The Poolia Group's revenue for continuing operations increased by SEK 25.6 million (4.9%) during the first nine months of 2015. Operating profit for the same period amounted to SEK 9.1 (4.6) million, with an operating margin of 1.7% (0.9%).

Cash flow from operations for the period was SEK -0.6 (5.0) million. The Company's restructuring costs for the first nine months amounted to SEK 5.0 (5.4) million. The Group's liquidity and financial position are good.

Our focus on increased sales and marketing continues. The activity level was a little lower during summer, but we have won tendering processes in both temporary staffing and permanent placement, including the Swedish University of Agricultural Sciences, Ovako Steel, Tekniska Verken, Mercedes Benz and the Municipality of Sollentuna. Our information letter, which is sent to 35,000 managers every month, has a good response rate and generates many good client enquiries.

The integration of the acquired company Joblink Norden AB is underway and progressing according to plan. The full effects will be achieved from the first quarter of 2016.

Investments in infrastructure and skills development continue. We are currently conducting a management training programme for all managers in the Company. These initiatives will improve Poolia's competitiveness.

Our focus on growing companies with ambitious managers is a strategy that is beginning to prove successful. Poolia's business supports the development of society by making it easier for managers to ensure they find the best employees for both the assignment and the culture – in the short and long term.

Poolia's long-term goals and strategies stand firm. We have a high energy level in the Company and have great confidence as we face the future.

Morten Werner

Managing Director and CEO

This information has been published pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication at 17:10 on 2015-10-27.

Poolia’s business concept is to provide companies and organisations with the skills that, either temporarily or permanently, meet their needs for qualified professionals. Poolia specialise in temporary staffing and permanent placement of professional staff in our focus areas of Finance & Accounting, Financial Services, Office Support, IT, Life Science & Engineering, Sales and Marketing, Human Resources, Legal, and Executive Search. Poolia has business in Sweden, Finland and Germany. Poolia is listed on the NASDAQ OMX Stockholm AB since 1999.

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