STOCKHOLM, Sweden, Aug. 12, 2003 (PRIMEZONE) -- Gunnebo:
- The profit after financial items increased by 44 per cent to MSEK 101 (70).
- The operative cash flow, excluding structuring costs, improved to MSEK 131 (71).
- Earnings per share increased by 47 per cent to SEK 3:45 (2:35).
- Launch of SapePay continues - new order recieved.
- Marked improvement in the result - the profit after financial items rose by 54 per cent to MSEK 123 (80).
- The operative cash flow, excluding structuring costs, increased to MSEK 105 (57).
- Earnings per share improved by 56 per cent to SEK 4:20 (2:70).
- The profit after financial items for 2003 as a whole is expected to improve by at least 20 per cent.
- The operative cash flow is expected to remain strong.
For further information please contact:
Bjarne Holmqvist, CEO Gunnebo AB, Phone: +46 (0)31-83 68 00, mobile +46 (0)708-40 03 70, or
Lennart Gustavsson, CFO Gunnebo AB, Phone: +46 (0)31-83 68 00, mobile +46 (0)705-93 40 80 or
Janerik Dimming, Director of Information Gunnebo AB, Phone: +46 (0)31-83 68 03, mobile +46 (0)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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