Nobia Interim Report January-March 2005

	Jan.-Mar.		Jan.-Dec.	Apr.-Mar.
Key figures	2005	2004	2004	2004/05
Net sales, SEK m	2,854	2,813	11,337	11,378
Operating profit before depreciation, SEK m (EBITDA)	268	281	1,212	1,199
Operating profit, SEK m (EBIT)	193	212	930	911
Operating margin, %	6.8	7.5	8.2	8.0
Profit after financial items, SEK m	173	188	840	825
Profit after tax, SEK m	125	134	592	583
Earnings per share, after dilution, SEK	2.15	2.32	10.23	10.07
Return on capital employed, %			23.1	21.6
Return on equity, %			25.7	23.5

First quarter 2005 compared to first quarter 2004

* Net sales rose to SEK 2,854 million (2,813)

* Continued strong growth in the Nordic region and falling sales in the UK

* Sales adjusted for exchange rate effects and comparable units fell by 1 per cent

* The operating profit (EBIT) fell to SEK 193 million (212)

* The operating margin was 6.8 per cent (7.5)

* The profit after financial items fell to SEK 173 million (188)

* The profit after tax was SEK 125 million (134)

* Earnings per share after dilution fell by 7 per cent to SEK 2.15 (2.32)
* Integration of EWE-FM is proceeding according to plan

* Further cost-cutting actions are being implemented in the UK business

For further information about this report, please contact:

Fredrik Cappelen, President and CEO, Jan Johansson, CFO,

Johanna Berggren, Acting Communications Manager, Tel. + 46 8 440 16 00

Financial information is also available at: www.nobia.se

Stockholm 27 April 2005

Fredrik Cappelen

President and CEO

Nobia AB, corporate reg. no. 556528-2752.

This report has not been verified by the company's auditors.

The Q2 interim report will be submitted on 19 July 2005.