PartnerTech: Ongoing Cost Reductions Under Uncertain Market Conditions


STOCKHOLM, Sweden, April 23, 2003 (PRIMEZONE) -- PartnerTech January -- March 2003 Interim Report


 . Net sales were SEK 320.2 million (334.2).
 . The loss after financial items was SEK -15.0 million (-24.2).
 . Earnings per share after full income tax totaled SEK -1.08
   (-1.63).
 . Cash flow after investments was SEK 2.1 million (58.7).
 . The equity/assets ratio was 38.0% (42.0).

Consolidation of the recently acquired mechanics unit in Karlskoga has started off well.


For additional information, please call
Mikael Jonson, CEO, at +46 70 678 10 01
Jonas Arkestad, CFO, at +46 40 10 26 42

The Company's auditors have not examined this interim report.

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://www.waymaker.net/bitonline/2003/04/23/20030423BIT01190/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2003/04/23/20030423BIT01190/wkr0002.pdf The full report