Year-end report, January 1 - December 31, 2003

2004-11-02 Press release

Year-end report, 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). 
For further information, contact:
Tommy Boork, CEO, Finnveden, telephone +46 31-734 59 10

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