Teleca AB -- Interim Report, January - March, 2004

The Business is Improving According to Plan


MALMO, Sweden, May 06, 2004 (PRIMEZONE) -- Teleca AB (publ):



 -- Sales SEK 648 M (645).

 -- International sales at 53% (44)

 -- Gradual improvements expected following weak results in autumn
    2003. Outcome in line with expectations

 -- Profit before tax SEK 7.0 M (12.9); after tax SEK -1.2 M (1.7).
    Earnings per share SEK -0.02 (0.03); earnings per share excluding
    goodwill amortisation SEK 0.39 (0.46)

 -- Operating profit (EBITA) SEK 33 M (44)

 -- Continued strong development in Obigo. Significant growth in
    Mobile Devices

 -- Full-year forecast remains firm, sales are expected to continue
    to grow and operating profit (EBITA) is expected to increase
    substantially compared with 2003 (SEK 52 M)

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The full report is available for download:

http://www.waymaker.net/bitonline/2004/05/06/20040506BIT00020/wkr0001.doc

http://www.waymaker.net/bitonline/2004/05/06/20040506BIT00020/wkr0002.pdf



            

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