VARNAMO, Sweden, Feb. 11, 2004 (PRIMEZONE) -- Finnveden: January 1 -- December 31, 2003
-- Net sales amounted to SEK 4,631 M (4,550). Net sales for the
fourth quarter amounted to SEK 1,181 M, representing a 4%
increase for comparable units.
-- Operating income amounted to SEK 187 M (loss: 91), including
SEK 44 M (loss: 13) for the fourth quarter. Income for 2002
included items affecting comparability of SEK 222 M, of which
the fourth quarter accounted for SEK 36 M.
-- The restructuring projects were carried out.
-- Cash flow after investments amounted to SEK 239 M (267).
-- Profit after taxes amounted to SEK 80 M (loss: 180).
-- Earnings per share amounted to SEK 3.01 (loss: 6.79).
-- No dividend is proposed (0).
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The full year-end report is available for download:
http://www.waymaker.net/bitonline/2004/02/11/20040211BIT00290/wkr0001.doc
http://www.waymaker.net/bitonline/2004/02/11/20040211BIT00290/wkr0002.pdf