FAGERSTA, Sweden, August 05, 2003 (PRIMEZONE) -- SecoTools:
-- Sales for the quarter at fixed exchange rates were mainly unchanged
compared with the preceding year.
-- Continued sales success in Germany.
-- Operating margin for the quarter was 16.6 percent (17.5).
-- Unchanged demand expected for remainder of year.
For additional information, contact Lars Renstrom, President and CEO (Tel: +46 223-401 10), Tomas Eliasson, CFO (Tel: +46 223-401 20) or Stefan Sjodahl, Investor Relations (Tel: +46 223-401 32), or e-mail to investor.relations@secotools.com
Previously published financial information is available under "Investor Relations" at the Seco Tools' website (www.secotools.com). Seco Tools AB's corporate registration number is 556071-1060 and the address is Seco Tools AB, SE-737 82 Fagersta, Sweden. The telephone number for the Group's head office is +46 223-400 00.
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The full report is available for download:
http://www.waymaker.net/bitonline/2003/08/05/20030805BIT00040/wkr0001.doc
http://www.waymaker.net/bitonline/2003/08/05/20030805BIT00040/wkr0002.pdf