Cardo's Capital Markets Day 2007 CARDO DEVELOPING ACCORDING TO PLAN

Cardo's Capital Markets Day 2007 CARDO DEVELOPING ACCORDING TO PLAN

A new Cardo is emerging. The business is developing according to plan with
continuous improvement in performance and a focused change process. There is a
strong platform for continued development as a customer-oriented solution
provider and an industrial group with good growth. This was the message
delivered today by Cardo's President and CEO Peter Aru at a Capital Markets Day
in Stockholm.

“Cardo's strategy involves targeting large international and national customers
and a greater focus on value-adding solutions, where service is an important
business driver for continued growth,” emphasized Peter Aru. “We can see that
the implementation of the new strategy is going according to plan and that the
group has been able to report increased growth seven quarters in a row.”

“An important contribution to growth will be made through our increased presence
in the new emerging markets in Asia, eastern Europe and Latin America. Compared
with the previous year, half of the increase in the inflow of orders during the
first quarter of 2007 came from markets outside the EU,” declared Peter Aru. 

The operations and markets of the divisions were presented in more detail by the
heads of the divisions.

Doors & Logistics Solutions
Fredrik Jönsson is in charge of Cardo's largest division, Door & Logistics
Solutions, which focuses on solutions for transport, logistics and retail,
marketed under the name Crawford. He described an underlying market with solid
growth driven by new global distribution patterns. In addition, the division is
growing through increased market shares as a result of the new strategy, which
includes a more focused sales organization, increased geographical expansion and
an even stronger range of service offerings, involving, among other things,
intensification of efforts in servicing automatic door systems for pedestrian
traffic.

Wastewater Technology Solutions
Tomas Wängberg, who recently took over as head of Wastewater Technology
Solutions, also reported a positive earnings trend, as a result of, among other
things, a greater focus on solutions in the field of wastewater collection and
treatment. Solutions are marketed under the ABS brand. Tomas Wängberg emphasized
the great potential in the markets in which ABS operates, focusing on the global
climate issue, environmental legislation and economic development bringing an
increased need for clean water and investments in infrastructure. 

Pulp & Paper Solutions
Peter Uddfors is head of the Pulp & Paper Solutions division, which supplies
sophisticated solutions for the pulp and paper industry in the fields of process
flow systems and process optimization. He talked about the modern, updated
portfolio of process pumps and advanced measuring instruments that are marketed
under the renowned Scanpump and Lorentzen & Wettre brands. The division, which
experienced a somewhat weaker trend during the fourth quarter last year, once
again showed a positive earnings trend during the first quarter of this year. 

Residential Garage Doors
Ove Bergkvist, who leads Residential Garage Doors, talked about the major sales
successes with the new g60 and Euro series doors and described a better market
situation. The increased sales volumes together with a better capacity
utilization in production and a number of efficiency measures have, after a
prolonged period with negative earnings, contributed to improved profitability. 

Peter Aru confirmed that since the activities of this division do not target
industrial customers, Cardo's commitment is, as has been announced previously,
under review, and continued: 
“Our intentions regarding Residential Garage Doors remain the same. Taking the
good earnings trend into consideration together with our ambition to maximize
value for our shareholders, we aim at finding a solution during 2008.”

In summary, the message to the analysts, investors and journalists who took part
in the Capital Markets Day together with representatives from Cardo's group
management team was that developments are going according to plan and that the
new Cardo is emerging - an international, streamlined industrial group with
strong brands, offering market-leading products and value-adding solutions to
selected customers. Good market positions, leading brands and financial strength
provide conditions for continued success for Cardo.


Malmö, Sweden, June 12 2007
Cardo AB (publ)






For further information, please contact:
Maria Bergving, Senior Vice President Communications and Investor Relations, 
tel +46 40 35 04 25, +46 70 602 61 81, maria.bergving@cardo.com


Cardo is an international industrial group with leading brands, offering
solutions with quality products, a high level of service and great applications
know-how to industrial customers. Operations are pursued in the group's
divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp &
Paper Solutions and Residential Garage Doors, which all enjoy strong positions
in their respective markets. The group has approximately 5,900 employees in more
than 30 countries and sales of approximately SEK 8.6 billion. Corporate
headquarters are located in Malmö, Sweden.