STOCKHOLM, Sweden, Feb. 22, 2005 (PRIMEZONE) -- Haldex:
Full year 2004
Earnings after tax was 180 MSEK (70). Earnings per share increased to SEK 8:16 (3:18).
Earnings before tax increased 44% to 256 MSEK (177). Including 2003 year's reserve for restructuring of 57 MSEK, the increase was 114%.
Operating profits increased 34% to 313 MSEK (233). Including 2003 year's reserve, the increase was 77%.
Return on capital employed improved to 11.7% (6.8) and profit margin increased to 4.7% (3.1).
Net sales increased 12% to 6,759 MSEK (6,036). Currency adjusted the increase was 17%. Order intake increased 15% to 6,923 MSEK (6,009). Currency adjusted, the increase was 21%.
The board proposes a dividend of SEK 3:00 (1:75) per share.
4th quarter
Earnings before tax increased 32% to 68 MSEK (52).
Operating profits increased 25% to 82 MSEK (65).
Return on capital employed improved to 12.3% (10.5) and profit margin increased to 5.1% (4.6).
Net sales increased 12% to 1,658 MSEK (1,486) and order intake 4% to 1,576 MSEK (1,511). Currency adjusted, the increase was 16% and 9% respectively.
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