VARNAMO, Sweden, Jan. 31, 2002 (PRIMEZONE) -- Year-end Report, January 1 - December 31, 2001:
Fourth quarter
-- Result after net financial items, including items affecting
comparability of SEK 145 M charged against earnings, amounted
to a loss of SEK 172 M
-- Earnings per share: loss SEK 9.60 (income: 1.42) including items
affecting comparability
Full year
-- Result after net financial items, including items affecting
comparability of SEK 145 M charged against earnings, amounted to
a loss of SEK 240 M (income: 166)
-- Earnings per share: loss SEK 13.86 (income: 9.70) including items
affecting comparability
-- Structural measures and cost reductions with substantial
earnings- improvement effect under way
-- New large delivery agreements
-- New issue that contributed SEK 360 M completed
-- Equity/assets ratio 31.3%
-- No dividend is proposed
Group in summary
Full- Q 4
year
2001(*) 2000(**) 2001(*) 2000
Order bookings, SEK M 4 374 3 219 1 226 889
Net sales, SEK M 4 433 3 093 1 191 854
Operating income before depreciation
(EBITDA), SEK M 138 380 -79 72
Operating margin (EBIT), SEK M -133 212 -147 28
Income after net financial items, -240 166 -172 12
SEK M
- excluding items affecting -95 126 -27 13
comparability, SEK
Earnings per share, rolling 12 -13.86 9.70 -13.86 9.70
months, SEK (***)
- excluding items affecting -5.55 7.24 -5.55 7.24
comparability, SEK (***)
(*) Items affecting comparability included in 2001 in a negative
amount of about SEK -145 M
(**) Items affecting comparability
included in 2000 in a positive amount of about SEK 40 M.
(***) Earnings per share adjusted in accordance with RR18, that is,
taking into account the new issue.
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