STOCKHOLM, Sweden, Aug. 11, 2004 (PRIMEZONE) -- Nefab:
- Invoiced sales amounted to SEK 628 M (473), an increase of 33%.
- Approximately half of the SEK 155 M increase in sales was attributable to customers in the telecom equipment segment, with other market segments accounting for the remainder.
- Profit after financial items amounted to SEK 60 M (18). Profit after tax was SEK 44 M (10). Profit after financial items includes a capital gain of SEK 3 M (0) from a property sale.
- Earnings per share amounted to SEK 6.45 (1.51).
- Continued strong financial position. The equity/assets ratio was 50.3% (45.0) and the liquidity reserve amounted to SEK 335 M (299).
- Acquisition of a packaging company in Belgium.
- Decision to establish a production unit in Slovakia
For further information, contact Lars-Ake Rydh, CEO, tel +46 70-592 45 70; e-mail lars-ake.rydh@nefab.se, or Anna Stalenberg, CFO, tel +46 70-814 23 44; e-mail anna.stalenberg@nefab.se
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2004/08/11/20040811BIT20890/wkr0001.pdf
The full report