KMT Interim Report January -- March 2004


UPPLANDS VASBY, Sweden, April 29, 2004 (PRIMEZONE) -- KMT:

Interim Report January - March 2004


 . Net sales amounted to SEK 263M (221) - an increase of 19 per cent.
   Excluding the recently acquired KMT Waterjet Systems, net
   sales fell by 14 per cent

 . Result after tax amounted to SEK -5M (-3)
   - the profit contributed by KMT Waterjet Systems is counteracted
      by a significant fall in UVA's result

 . Earnings per share is SEK -0.52 (-0.68)

 . Order intake amounted to SEK 364M (220)
   - an increase of 65 per cent. Excluding the recently acquired 
     Waterjet Systems, order intake increased by 31 per cent

 . Result before financial income and expenses and amortisation 
   of goodwill (EBITA) amounted to SEK 5M (0).

For further information, please contact Lars Bergstrom, President of Karolin Machine Tool AB, telephone +46 8-594 211 50 or +46 70-240 52 35 or via e-mail: lars.bergstrom@kmt.se

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/04/29/20040429BIT00550/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2004/04/29/20040429BIT00550/wkr0002.pdf

The full report