KLIPPAN, Sweden, Aug. 28, 2003 (PRIMEZONE) -- KLIPPAN AB:
. Profit after net financial items MSEK -40.1 (34.2)
. Decision to move the production in Scotland to the Swedish mills and to close down the operation in Caldwells
. Continued weak market
. Savings packages approved
For further information, please contact the President, Bengt Ostensson, tel +46(0)771-11 00 00 or +46(0)70 595 86 27 or the Corporate Manager Finance, Kenneth Nellros, tel +46(0)771-11 00 00 or +46(0)70-542 93 25.
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2003/08/28/20030828BIT01040/wkr0001.doc
The full report
http://www.waymaker.net/bitonline/2003/08/28/20030828BIT01040/wkr0002.pdf
The full report