GOTEBORG, Sweden, April 25, 2002 (PRIMEZONE) -- Gunnebo:
-- The result for the first quarter better than plan. For 2002 as a whole the profit after financial items is expected to be significantly better than the result for 2001. -- Invoiced sales increased by 14 per cent to MSEK 1,603 (1,406). -- The operating profit before depreciation of goodwill increased by 9 per cent to MSEK 48 (44). -- Gunnebo Security reported a further improvement in its result to MSEK 44 (34), an increase of 29 per cent. -- The profit after financial items, which is normally low during the first quarter, amounted to MSEK 10 (17). -- The operating cash flow exkluding structuring costs, which also normally shows a seasonal low in the first quarter, improved by MSEK 35 to a deficit of MSEK 14 (deficit 49).
Goteborg, 25 April 2002
GUNNEBO AB (publ) Information
For further information, contact:
Bjarne Holmqvist, President and CEO, Gunnebo AB, telephone +46 31 83 68 00, mobile +46 708 40 03 70, or Lennart Gustavsson, Director of Financial Systems and Finance, Gunnebo AB, telephone +46 31 83 68 00 or mobile: +46 705 93 40 80, or Janerik Dimming, Director of information Gunnebo AB, on +46-31-83 68 03 or +46-705-83 68 03 (mobile), e-mail janerik.dimming@gunnebo.se
Gunnebo is today a fast-growing international security group with 100 subsidiary companies located in 30 countries. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MSEK 7,000. Gunnebo's security business comprises mainly burglar- and fire-resistant safes, security products for banks and cash- handling, electronic security, fire protection, access control and entrance control, alarm centres, outdoor and indoor perimeter protection.
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