Finnveden -- Interim Report January 1 -- September 30, 2004


VARNAMO, Sweden, Oct. 28, 2004 (PRIMEZONE) -- Finnveden:


 -- Net sales amounted to SEK 3,613 M (3,450) for the first nine months,
    representing an 8% increase for comparable units.  For the third 
    quarter net sales increased by 5 % to SEK 1,069 M (1,021).

 -- Operating income amounted to SEK 232 M (143) for the first nine
    months, representing a 62% increase, of which the third quarter
    accounted for SEK 49 M (30), an increase by 63%.

 -- Profit before tax amounted to SEK 197 M (88) for the first nine
    months and to SEK 38 M (13) for the third quarter.

 -- Profit after tax amounted to SEK 142 M (64) for the first nine months
    and to SEK 30 M (10) for the third quarter.

 -- Earnings per share amounted to SEK 5.35 (2.40), of which SEK 1.13
    (0.38) in the third quarter.

For further information, please contact:Tommy Boork, CEO, Finnveden, telephone +46 31-734 59 10

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The full report is available for download:

http://www.waymaker.net/bitonline/2004/10/28/20041028BIT00030/wkr0001.pdf



            

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