STOCKHOLM, Sweden, Oct. 30, 2003 (PRIMEZONE) -- Haldex:
Third quarter
- Earnings before tax amounted to 32 MSEK (19). Operating
profit was 49 MSEK (33). Profit margin was 3.5% (2.3).
- Earnings after tax amounted to 20 MSEK (12). Earnings
per share were SEK 0:92 (0:56).
- Net sales amounted to 1,452 MSEK (1,537), a decrease of
6%. Currency adjusted, an increase of 5%.
January-September
- Earnings before tax, excluding restructuring costs, amounted to 125 MSEK (125). Currency changes affected negatively with 16 MSEK net. Including restructuring costs, earnings before tax were 68 MSEK (107).
- Operating profit, excluding restructuring costs, amounted to 168 MSEK (176). Currency changes had a negative impact of 20 MSEK net. Profit margin was 3.8% (3.7).
- Earnings after tax amounted to 26 MSEK (70). Earnings per share were SEK 1:19 (3:16).
- Net sales amounted to 4,550 MSEK (4,914), a decrease of 7%. Currency adjusted, an increase of 3%.
Accounting principles
This report is prepared in accordance with recommendations issued by the Swedish Financial Accounting Standards Council. The accounting principles used in this report are the same that were used in the latest Annual Report.
Future reporting Year-End Report 19 February 2004
For further information contact: Claes Warnander, Group President and CEO phone +46 8 545 049 50 Lennart Hammargren, CFO phone +46 8 545 049 50
This report has not be reviewed by the company auditors.
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