latest news releases from the newsroom
Brock Comments on Atlas Copco's Q1 Results 2005
STOCKHOLM, Sweden, April 27, 2005 (PRIMEZONE) -- Today, Atlas Copco reported strong growth and record profit margins in its first quarter. "It is truly encouraging to begin a year with such strong results," says Gunnar Brock, President and CEO.
Negotiations Concerning the Acquisition of French Paper Mill Broken Off
KLIPPAN, Sweden, April 27, 2005 (PRIMEZONE) -- International Paper Europe has informed that they are breaking off the negotiations regarding KLIPPAN's possible acquisition of the French paper mill Papeteries de Maresquel. The parties will have the opportunity to restart negotiations during the autumn of 2005.
Urban Backstrom to leave post as CEO of Skandia Liv for position as Director General of the Confederation of Swedish Enterprise
STOCKHOLM, Sweden, April 27, 2005 (PRIMEZONE) -- Skandia Liv's Chairman, Bo Eklof, comments: "I warmly congratulate Urban Backstrom on this new, exciting assignment that will entail a great deal of responsibility. On behalf of Skandia Liv, naturally I regret that he is leaving. However, it is with much satisfaction to note that, under Urban Backstrom's leadership, Skandia Liv has regained both confidence and stability and is now well equipped to take on future challenges in the life assurance market. Similarly, considerable quality improvements have been made in several areas, not least in asset management.
Scania Interim Report, January -- March 2005
SODERTALJE, Sweden, April 27, 2005 (PRIMEZONE) -- "Scania's operating income in the first quarter of 2005 rose by 15 percent to SEK 1,679 m. The operating margin climbed to more than 12 percent. Net income rose by 19 percent to SEK 1,155 m., which resulted in earnings per share of SEK 5.78 (4.87)," says Leif Ostling, President and CEO.