Teleca AB (publ) Interim Report, January - September, 2002 -- Outlook is Improving


MALMO, Sweden, Nov. 7, 2002 (PRIMEZONE) -- Teleca AB (publ) (Stockholm:TELCb):


-        Q3 utilisation was the highest in 2002

-        Strengthening global business with sales of SEK 111 M outside
         Europe during the period

-        More than 150 new customers representing SEK 215 M in sales
         during 2002

-        Sales during the period amounted to SEK 1,458 M (891 M)

-        Operating profit (EBITA) amounted to SEK 141 M (136 M).

-        Forecast full year 2002 remains firm: Significantly increased
         profit (EBITA) compared with the pro-forma profit for Teleca
         and AU-System (SEK 173 M)

Teleca consolidates AU-System as from February 1, 2002. This report includes comparative Teleca pro-forma figures for previous year, which excludes Epsilon and Sigma.

The interim report may be ordered from the Company or downloaded from Teleca's website: www.teleca.com

For further information, please contact:


Nick Stammers, President and Chief Executive Officer
Teleca AB
Mobile phone: +44-7768-32 35 35
e-mail: nick.stammers@teleca.com

Thomas Pantzar, Executive Vice President
Teleca AB
Tel: +46-31-744 80 10, mobile phone: +46-703-79 18 30
e-mail: thomas.pantzar@teleca.com

Joachim Jaginder, Chief Financial Officer
Teleca AB
Tel: +46-8-579 116 01, mobile phone: +46-706-69 76 64
e-mail: joachim.jaginder@teleca.com

Johannes Rudbeck, Investor Relations
Teleca AB
Tel: +46-8-579 116 16, mobile +46-705-82 56 56
e-mail: johannes.rudbeck@teleca.com

This information is also available in Swedish.

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:


www.waymaker.net/bitonline/2002/11/07/20021107BIT00030/wkr0001.doc
The full report

www.waymaker.net/bitonline/2002/11/07/20021107BIT00030/wkr0002.pdf
The full report