TABY, Sweden, May 9, 2003 (PRIMEZONE) -- Enea (Other OTC:EDTDF) (Stockholm:ENEA):
- Sales decreased by 24% or SEK 45 million to SEK 143 million, primarily in consultancy operations.
- The operating result excluding items affecting comparability was SEK -13,5 (-62,3) million, which represents an improvement by SEK 48,8 million.
- As a result of the radical program to reduce costs, the Group's comparable operating expenses decreased by 38% or SEK 94 million.
- The Board of directors has decided, provided an approval by an extraordinary shareholder meeting, on a rights issue to stockholders, expected to inject about SEK 91 million in capital, before issue costs.The issue is guaranteed in its entirety. Through this, the company willreceive the capital that the current company structure requires.
- The Nominating Committee proposes that the Annual General Meeting elect Asa Landen, Gosta Lemne and Jon Risfelt as new board members. Ulla-Britt Frajdin-Hellqvist, Ake Dovarn and Rolf Ranvert have declined re-election while it is proposed that the remainder of the board members are re-elected.
Future Information Interim report for the second quarter: August 8, 2003 Interim report for the third quarter: November 7, 2003 Preliminary Report on Earnings for 2003: February 6, 2004
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The full report
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The full report