Finnveden -- Interim Report


VARNAMO, Sweden, August 13, 2003 (PRIMEZONE) -- Finnveden: Interim Report, January 1 - June 30, 2003

- Net sales amounted to SEK 2,429 M (2 359) M, of which SEK 1,210 M (1,207) in the second quarter.

- Operating income amounted to SEK 113 M (loss: 3), of which SEK 54 M (loss: 39) in the second quarter. Income in the preceding year included goodwill write-downs of SEK 89 M in the second quarter.

- Profit after taxes amounted to SEK 54 M (loss: 57)

- Profit per share amounted to SEK 2.03 (loss: 2.16)

- Ongoing restructuring programs proceeding as planned

For additional information, please contact: Tommy Boork, +46 (0)31 734 59 10

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

The full report is available for download:

http://www.waymaker.net/bitonline/2003/08/13/20030813BIT00160/wkr0001.doc

http://www.waymaker.net/bitonline/2003/08/13/20030813BIT00160/wkr0002.pdf



            

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