UPPLANDS VASBY, Sweden, Aug. 20, 2004 (PRIMEZONE) -- KMT Interim Report
-- Net sales amounted to SEK 621M (489) -- an increase of 27 per cent. Excluding KMT Waterjet Systems, sales fell by four per cent
-- Result before tax improved from -19M to +17M. Result after tax improved from -21M to +6M
-- Earnings per share is SEK 0.62 (-4.25)
-- Order intake amounted to SEK 756M (439)-- an increase of 72 per cent. Excluding KMT Waterjet Systems, orderintake increased by 36 per cent
-- KMT acquired the remaining 51 per cent of KMT Cutting Systems AB and took over the operation on 30 June.
For further information, please contact Lars Bergstrom, President of Karolin Machine Tool AB, telephone +46 8-594 211 50 or +46 70-240 52 35 or via e-mail: lars.bergstrom@kmt.se
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