MALMO, Sweden, July 16, 2004 (PRIMEZONE) -- Teleca:
- Sales SEK 1,320 million (1,280)
- International sales at 54% (44)
- Rate of organic sales growth is beginning to increase and amounted to 6% in Q2
- Income before tax SEK -8 million (22); after tax SEK -19 million (1). Earnings per share SEK -0.32 (0.02); earnings per share excluding goodwill amortisation SEK 0.50 (0.86)
- Operating profit (EBITA) SEK 48 million (81). Cash flow from current operations SEK 67 million (11)
- 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 million)
Stockholm, July 16, 2004 Teleca AB (publ) (Corp. reg. no. 556250-3515)
For the Board of Directors:
Dag Sundstrom, President and CEO
The interim report may be ordered from the Company or downloaded from Teleca's website. www.teleca.com
For further information, please contact:
Dag Sundstrom, President and Chief Executive Officer, Teleca AB Tel: +46-8-579 116 01, mobile: +46-705-11 64 58 e-mail: dag.sundstrom@teleca.com
Thomas Pantzar, Executive Vice President, Teleca AB Tel: +46-31-744 80 10, mobile: +46-703-79 18 30 e-mail: thomas.pantzar@teleca.com
Johannes Rudbeck, Investor Relations, Teleca AB Tel: +46-8-579 116 16, mobile: +46-705-82 56 56 e-mail: johannes.rudbeck@teleca.com
This information is also available in Swedish.
Teleca is an international IT services company focused on R&D that develops and integrates advanced software and information technology solutions. With in-depth expertise in the latest technology and profound industrial knowledge, Teleca helps technology- and software-intensive customers worldwide to strengthen their market position and shorten their time to market. The company has more than 2,900 employees with operations in 15 countries in Asia, Europe and USA. Teleca is quoted on the Attract40 list of Stockholmsborsen (Stockholm stock exchange). www.teleca.com
Teleca AB Box 47606 117 94 Stockholm Sweden Tel: +46 8 579 116 00 Fax: +46 8 579 116 10
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The full report is available for download:
http://www.waymaker.net/bitonline/2004/07/16/20040716BIT20020/wkr0001.pdf