CARDO AB Report on Operations 2003


MALMO, Sweden, Feb. 10, 2004 (PRIMEZONE) -- CARDO AB:


 - Net sales: SEK 7,687 million (10,376*)
 - Net earnings: SEK 308 million (675*)
 - Earnings per share: SEK 10.28 (22.50*)
 - Cash flow remained good
 - Earnings after financial items in the current 
   operations: SEK 428 million (449)
 - Earnings per share in the current operations: SEK 10.28 (10.38)
 - The Board of Directors proposes a dividend of SEK 8.00
   (previous year 8.00 regular dividend) per share

For further information, please contact: 
Kjell Svensson, President and CEO
phone +46 40 35 04 53, 35 04 00

Goran Axeheim, Executive Vice President and CFO
phone +46 40 35 04 42, 35 04 00

Christer Roskvist, Head of Public Relations
phone +46 40 35 04 25, 35 04 00

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

The following files are available for download:

http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00510/wkr0001.doc

http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00510/wkr0002.pdf

Tables

http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00510/wkr0003.pdf

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