HUSKVARNA, Sweden, Nov. 12, 2003 (PRIMEZONE) -- VSM Group:
- Sales during the third quarter were on the same level as the record year 2002 , +0.5%.
- In the Group's principal market, North America, sales rose by 11%.
- Operating result (EBITA) increased during the period from SEK 49 million to SEK 65 million.
- A new sewing TV programme is predicted to spark further interest in creative sewing.
- Possible launch on the stock exchange no earlier than 2004.
VSM Group AB SE-561 84 Huskvarna, Sweden Tel: +46 3614 6000 (switchboard)
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