Seco Tools: Interim Report for Three Months Ended March 31, 2003


FAGERSTA, Sweden, May 5, 2003 (PRIMEZONE) -- Seco Tools:

- Operating margin for the quarter was 18.2 percent (16.5), excluding positive non-recurring effects.

- Sales for the quarter, amounting to SEK 1,040 M, were up 5 percent compared with the year earlier period for comparable units at fixed exchange rates.

- Unchanged demand is expected short term.


For additional information, contact:
Lars Renstrom, President and CEO (Tel: +46 223-401 10)
Tomas Eliasson, CFO (Tel: +46 223-401 20)
Stefan Sjodahl, Investor Relations (Tel: +46 223-401 32)

E-mail may be sent to: investor.relations@secotools.com

Previously published financial information is available under "Investor Relations" at the Seco Tools' website (www.secotools.com)

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://www.waymaker.net/bitonline/2003/05/05/20030505BIT00420/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2003/05/05/20030505BIT00420/wkr0002.pdf

The full report