STOCKHOLM, Sweden, Oct. 23, 2003 (PRIMEZONE) -- Swedish Match:
- Sales declined by 6% and reached 9,692 MSEK (10,317)
- Sales were up 2% in local currencies
- Operating income declined to 1,693 MSEK (1,797) or by 6%
- Currency translation impact from subsidiaries reduced operating income by 171 MSEK, or 10%
- Net profit increased by 17% and amounted to 1,228 MSEK (1,050)
- EPS increased by 22% and was 3.68 SEK (3.01)
For further information, please contact: Lennart Sunden, President and Chief Executive Officer Office +46 8 658 01 75 Sven Hindrikes, Executive Vice President and Chief Financial Officer Office +46 8 658 02 82 Mobile +46 70 567 41 76 Bo Aulin, Senior Vice President, Secretary and General Counsel Office +46 8 658 03 64 Mobile +46 70 558 03 64 Emmett Harrison, Vice President, Investor Relations Office +46 8 658 01 73 Mobile +46 70 938 01 73 Lin McKinnie, Vice President, Investor Relations (US) Office +1 804 302 1912 Mobile +1 804 502 1912
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The following files are available for download: The full report:
http://www.waymaker.net/bitonline/2003/10/23/20031023BIT00580/wkr0001.pdf
The full report:
http://www.waymaker.net/bitonline/2003/10/23/20031023BIT00580/wkr0002.doc