SOLNA, Sweden, July 11, 2003 (PRIMEZONE) -- Interim Report January-June 2003 LGP Telecom Holding AB
SUMMARY APRlL-JUNE - Net revenues amounted to MSEK 507.7 (317.9). - Cash flow after capital expenditures was positive: MSEK 89.9 (2.6). - The operating result was MSEK -78.0 (-36.6). - Net income was MSEK -59.1 (-31.2). - Earnings per share were SEK -1.19 (-1.03). SUMMARY JANUARY-JUNE - Net revenues amounted to MSEK 824.9 (583.9). - Cash flow after capital expenditures was positive: MSEK 92.8 (38.0) - The operating result was MSEK -153.2 (-42.8). - Net income was MSEK -138.5 (-41.8). - Earnings per share were SEK -2.79 (-1.38). ANALYST AND PRESS MEETING At 9:00 a.m., Friday, July 11, at Operaterassen, Stockholm. SCHEDULE OF FUTURE REPORTING Interim report January-September October 17, 2003 Year-end report 2003 January 29, 2004 Stockholm, July 11, 2003 LGP Telecom Holding AB (publ) Board of Directors This interim report has not been subject to examination by LGP's auditors. For further information, contact: Bengt Broman, President & CEO Telephone: +46-8-540 822 31 Mobile: +46-705-70 10 30 E-mail: bengt.broman@lgpallgon.com Claes Silfverstolpe, CFO Telephone: +46-8-540 822 32 Mobile: +46-708-98 83 45 E-mail: claes.silfverstolpe@lgpallgon.com
The LGP Group consists of two business areas: Telecom and Contract manufacturing. Business area Telecom, which consists of LGP's telecom operations and Allgon, develops, manufactures and markets telecom products that improve radio coverage, capacity and data transmission speed in mobile communications networks all over the world. The product line includes antenna systems, coverage solutions, base stations systems and radio link systems. In business area Contract manufacturing, the LGP Group is, in its niche, a leading contract manufacturer of advanced industrial components. The Group has about 1,400 employees in 13 countries and annual sales of about 2.5 billion kronor. LGP is listed on the Attract40 list of the Stockholm Stock Exchange.
LGP Telecom Holding AB (publ) Organization number: 556346-2620 SE-187 70 Taby, Sweden Tel: +46 8 540 822 00, Fax +46 8 540 824 91 E-mail: info@lgpallgon.com Internet: www.lgp.com and www.lgpallgon.com
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