STOCKHOLM, Sweden, April 29, 2003 (PRIMEZONE) -- Gunnebo:
The Group's order intake increased by 5 per cent to MSEK 1,827 (1,748). Organic growth amounted to 6 per cent.
Gunnebo Security's order intake increased by 6 per cent. Organic growth amounted to 7 per cent.
The Group's invoiced sales amounted to MSEK 1,640 (1,603), an increase of 2 per cent. Organic growth amounted to 2 per cent.
The profit after financial items, which is always low for the first quarter, increased to MSEK 22 (10).
Gunnebo Security reports a further improvement in its operating profit before depreciation of goodwill and increased the result of 16 per cent to MSEK 51 (44).
Gunnebo Engineering's operating profit before depreciation of goodwill amounted to MSEK 14 (13).
For the 2003 financial year, the profit after financial items is expected to be significantly better than the profit for 2002.
For further information, please contact: Bjarne Holmqvist, President and CEO, tel: +46-31-83 68 00 mobile: +46-708-40 03 70 or Lennart Gustavsson, CFO, tel: +46-31-83 68 00 mobile: +46-705-93 40 80 or Janerik Dimming, Director of information, tel: +46-31-83 68 03 mobile: +46-705-83 68 03, e-mail: janerik.dimming@gunnebo.se
Gunnebo is today an international fast growing security group with 106 companies located in 32 countries. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MEUR 800. Gunnebo's security products mainly include fire and burglar resistant safes, security products for banks and cash handling, electronic security systems, fire protection, entrance control and access control, alarm centres and indoor and outdoor perimeter protection. Gunnebo has at its disposal some of the world's leading brand names in security: Chubb Safes, Fichet-Bauche, Rosengrens, Ritzenthaler, Garny and Leicher.
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