STOCKHOLM, Sweden, Dec. 19, 2003 (PRIMEZONE) -- Alfa Laval suspects irregularities in the accounting with regard to revenue recognition for certain customer projects in the recently acquired US company bioKinetics. Alfa Laval has therefore initiated a further investigation specifically addressing the suspected irregularities. The preliminary findings from this investigation support the suspicions. Alfa Laval has as a consequence decided to initiate new negotiations with the former owner Kinetics Group Inc. Based on available information the irregularities are estimated not to exceed MSEK 40.
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