Gunnebo Interim Report January-March 2004


STOCKHOLM, Sweden, April 29, 2004 (PRIMEZONE) -- Gunnebo Interim Report January-March 2004:


 - The first quarter order intake amounted to MSEK 1,847 (1,827),
   which corresponds to organic growth of one per cent.

 - After a weak opening to the year, March was a very strong month, in
   which organic growth reached 11 per cent.

 - Invoiced sales amounted to MSEK 1,627 (1,640).

 - The result after financial items, which is seasonally low, was a
   profit of MSEK 21 (22).

 - The profit after tax amounted to MSEK 15 (16).

 - Earnings per share amounted to SEK 0.70 (0.75).

 - The operative cash flow increased by MSEK 31 to MSEK 5
   (deficit 26).

 - The profit after financial items for 2004, as a whole, is expected
   to be better than for 2003.

 - After the interim report period Elkosta, a German company with
   business within outdoor perimeter protection was acquired.

GUNNEBO AB (publ) Information

For more information please contact: Bjarne Holmqvist, President and CEO, Gunnebo AB, +46-(0)31- 83 68 00, mobile +46-(0)708-40 03 70 or Lennart Gustavsson, CFO, Gunnebo AB, +46-(0)31-83 68 00, mobile +46-(0)705-93 40 80 or Janerik Dimming, Director of Information, Gunnebo AB, +46-(0)31-83 68 03

mobile +46-(0)705-83 68 03, e-mail janerik.dimming@gunnebo.se

www.gunnebo.com

Gunnebo is an international fast growing security group with 110 companies located in 32 countries. The Group has sales to a further 100 markets via agents and distributors. Annual turnover amounts to some MEUR 800. Gunnebo's security products mainly include fire and burglar resistant safes, security products for banks and cash handling, electronic security systems, fire protection, entrance control and access control, alarm centres and indoor and outdoor perimeter protection. Gunnebo has at its disposal some of the world's leading brand names in security: Chubbsafes, Fichet-Bauche, Rosengrens, Ritzenthaler, Garny, Leicher, Wego, Werra and Elkosta.

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/04/29/20040429BIT20220/wkr0007 .pdf Gunnebo's Interim report



            

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