STOCKHOLM, Sweden, Feb. 7, 2002 (PRIMEZONE) -- Gunnebo:
-- Invoiced Sales Increased By 33% to MSEK 6,671 (5,000)
-- The Operating Profit Before Depreciation of Goodwill
and Excluding Items Affecting Comparability Increased by 41 %
to MSEK 371 (263)
-- Gunnebo Security's operating profit increased by 73 % to
MSEK 315 (182) and the profit margin improved to 5.8 % (4.7)
Gunnebo Engineering's operating profit declined by 17 % to
MSEK 86 (104). The profit margin was 7.1 % (9.1).
-- Profit after financial items amounted to MSEK 223 (forecast,
MSEK 210; previous year, 325). Items affecting comparability
Of MSEK 11 (115) are included in this result.
-- In the fourth quarter the operating profit before depreciation
of goodwill and excluding items affecting comparability
increased by 66 % to MSEK 131 (79). The operative cash flow,
before restructuring costs increased to MSEK 189 (73).
-- Earnings per share, excluding items affecting comparability,
rose by 15 % to SEK 7.35 (6.40). Earnings per share including
items affecting comparability was SEK 7:65 (11:40).
It is proposed that a dividend of SEK 3.50 per share be paid(3.25 plus bonus of 1.00).
The profit after financial items for 2002 is expected to be significantly better than that for 2001.
Gunnebo is today an international fast growing security group with a hundred companies, located in 30 countries on all continents. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MEuro 760. Gunnebo has entire disposal of the four world leading brand names within security; Chubb Safes, Fichet-Bauche, Rosengrens and Garny.
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