As expected, the H1 financial results were strongly affected by the extreme
conditions in SP Group's markets in general. SP Group incurred a loss before
tax and minority interests of DKK 19.5m in the first half year of 2009. Revenue
fell by 25% relative to H1 2008 to DKK 338.7m and EBITDA was DKK 7.3m, but the
results were better in the second quarter than in the first quarter. The
recession has impacted the entire Group, but tight cost management and capacity
adjustments combined with higher sales to customers in the medical devices
industry partially offset the fall in sales to other industries.