Haldex Year-End Report 2002


STOCKHOLM, Sweden, February 18, 2003 (PRIMEZONE) -- Haldex (Other OTC:HLDXF) (Stockholm:HLDX) announces Year-End Report 2002:


 - Earnings before tax 112 MSEK (112), excluding non- recurring items 153
   MSEK (112).

 - Earnings per share SEK 3:51 (3:49), excluding non- recurring items SEK
   4:82 (3:49).

 - Cash flow from operations after capital expenditures
   338 MSEK (78), an increase of 260 MSEK.
   
 - Order intake 6,482 MSEK (6,033), an increase of 7%.
   Currency adjusted, an increase of 12%.
   
 - Sales 6,414 MSEK (6,225), an increase of 3%.
   Currency adjusted, an increase of 7%.
  
 - Traction Systems division showed a profit of 3 MSEK
   in 4th quarter.
  
 - Planned restructuring of the German Heidelberg factory
   leads to annual savings of 5 MEUR. One-time implementation
   costs of 6MEUR charged to 1st quarter 2003.
           
 - Dividend proposal SEK 1:50 (1:50).

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 The following files are available for download:

 http://www.waymaker.net/bitonline/2003/02/18/20030218BIT00850/wkr0001.doc
 - The full report

 http://www.waymaker.net/bitonline/2003/02/18/20030218BIT00850/wkr0002.pdf
 - The full report