LE Lundbergforetagen: Report on net asset value results 2003


STOCKHOLM, Sweden, Feb. 19, 2004 (PRIMEZONE) -- LE Lundbergforetagen:

- On December 31, 2003, net asset value amounted to SEK 18.0 billion (SEK 290 per share), compared with SEK 13.7 billion (SEK 221 per share) at the end of 2002. The corresponding values on February 18, 2004 were SEK 18.4 billion (SEK 296 per share).

- Profit after full tax rose 52% to SEK 910 m. (597), corresponding to SEK 14.65 (9.62) per share. Net sales amounted to SEK 2,552 m. (1,631).

- An increase in the dividend to SEK 6.50 (6.00) per share is proposed.

This is a report on Lundbergs in which only wholly owned subsidiaries and, in certain cases, the subsidiaries' groups of companies, have been consolidated in accordance with the Annual Accounts Act. Other shareholdings have been reported in accordance with the acquisition- value method; also see accounting principles on page 2.

L E Lundbergforetagen AB (publ) Phone: +46-8-463 06 00 or +46-11-21 65 00 Fax: +46-8-611 66 09 or +46-11-21 65 65 E-mail: lundbergs@lundbergs.se Website: www.lundbergs.se

Company registration number: 556056-8817 Registered Head Office: Stockholm

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

The following files are available for download:

http://www.waymaker.net/bitonline/2004/02/19/20040219BIT00510/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2004/02/19/20040219BIT00510/wkr0002.pdf

The full report