STOCKHOLM, Sweden, May 8, 2003 (PRIMEZONE) -- Scandiaconsult AB:
-- Profit after net financial items amounted to MSEK 38.4 (MSEK 42.5 excluding the refund from Alecta).
-- The strong earnings level has been maintained through an ongoing focus on efficiency improvements and market positioning, although profit was impacted by the effects of Ramboell's offer.
-- Net sales were up by 9 per cent to MSEK 442.3 (405.3).
-- As of April 4, 2003, Ramboell A/S controlled 99.1 per cent of the shares and votes in Scandiaconsult and has announced plans to issue a redemption call for all outstanding shares in the company.
-- May 8 is the final trading day for the Scandiaconsult share. The Managing Director Torbjorn Torell will resign in connection with the Annual General Meeting to be held the same day.
-- Ramboell's CEO, Flemming Bligaard Pedersen, will also take over as Managing Director of Scandiaconsult AB. At the same time, Bent Johannesson, currently Director of Region West at Scandiaconsult Sverige AB, has been appointed to head the Swedish operations.
For more information contact CFO Per Leopoldson, telephone +46 (0)8-615 60 00.
This report is also available at www.scc.se.
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