Allgon AB: Interim Report, January 1 - June 30, 2002


TABY, Sweden, July 16, 2002 (PRIMEZONE) -- Allgon AB:


  SEK M                Apr-Jun       Jan-Mar  
                          2002          2002  
  
  Orders received          366           379  
  
  Net sales                353           367  
  
  Operating income          38            39  
  
  Income after                               
  
  financial items           49            45  

-          Continued  weak market.
-          High demand for base station antennas in the USA (GSM) and
           Europe (UMTS).
-          Fall in sales of combiners (TDMA) and mobile telephone
           antennas.
-          3G order for repeaters in Hong Kong.
-          Continued reduction of expenses.
-          A new cost reduction program will be implemented during
           the second half of the year.

The complete report can be downloaded from the enclosed link:http://reports.huginonline.com/866780/105687.pdf



            

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