Pressrelease Year-end report (1 Jan-31 Dec 2007)

Pressrelease Year-end report (1 Jan-31 Dec 2007)Continued improved results for Doro - Core business profitable and strong growthin Care ElectronicDuring the fourth quarter of 2007 Doro's sales amounted to SEK 114 million (SEK121 m), which adjusted for divestments are in line with last year. During thefourth quarter Doro increased volumes by 9 percent. Profit after tax amounted toSEK 6 million (SEK -62 m). Care Electronics continued to have strong salesgrowth during the quarter.For the full year sales amounted to SEK 346 million (SEK 433 m), which adjustedfor divestments represents a decrease by 5 percent. Doro increased volumes by 6percent during the year. Operational profit was SEK 9 million (SEK -77 m) andprofit after tax amounted to SEK 8 million (SEK -95 m). During the year CareElectronics had strong growth and also Business Electronics increased sales.Home Electronics decreased sales due to price pressure in the market but becameprofitable after restructuring. The cash flow improved considerably during thelatter half of the year.“From an operational and financial point of view Doro is now a company in betterbalance. During 2007 we divested loss-making subsidiaries in Australia andPoland, and streamlined the organisation. Thus, the restructuring program hasresulted in a profit for 2007 as compared with the losses made during the lastcouples of years”, says Jérôme Arnaud, CEO of Doro, and continues:“Care Electronics is expected to have a positive impact on future sales growthand margins of Doro. We see a strong demand especially among the agingpopulation for simplified telephony and electronic products. The launch of ourGSM phone for elderly during the fourth quarter has confirmed this and resultedin encouraging  sales growth. We will make several product launches within thisarea during 2008. In addition, we will recruit new distributors and expandgeographically. With the efforts being made in Care Electronics Doro will becomea company, which is well balanced between Home telephony, Business telephony andCare telephony”.The year end report is available at www.doro.comFor further information, please contact:CEO Jérôme Arnaud, +46 46 280 50 05 CFO Stefan Sjölin +46 46 280 50 62About DoroWith over 30 years' experience in telephony Doro is today characterised byinnovative and user-friendly consumer electronics products. The company developsmarkets and sells a wide range of products in three business units: HomeElectronics, Business Electronics and Care Electronics. The company's productsare sold in more than 30 countries worldwide through a variety of retailoutlets, including electronics stores, online stores and specialised channels.The company had sales of SEK 433 million in 2006. Doro's shares are quoted onthe Stockholm Stock Exchange, Nordic list, Small companies. Read more about Doroat www.doro.com


Doro AB
Jörgen Kocksgatan 1 B
211 20  Malmö
Phone 0046 46 280 50 00

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