Finnveden Interim Report January 1 -- June 30, 2004


VARNAMO, Sweden, Aug. 13, 2004 (PRIMEZONE) -- Finnveden:

. Order bookings increased 14 % to SEK 2,708 M.

. Net sales amounted to SEK 2,544 M (2,429) for the first six months and to SEK 1,272 M (1,210) for the second quarter.

. Operating income amounted to SEK 183 M (113) for the first six months and to SEK 91 M (54) for the second quarter.

. Profit before tax amounted to SEK 159 M (75) for the first six months and to SEK 79 M (38) for the second quarter.

. Profit after tax amounted to SEK 112 M (54) for the first six months and to SEK 57 M (27) for the second quarter.

. Earnings per share amounted to SEK 4.22 (2.03).

. New orders during the first half of the year will increase sales by SEK 1,000 M within a three-year period.

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

The following files are available for download:

http://www.waymaker.net/bitonline/2004/08/13/20040813BIT00060/wkr0001.pdf

The full report



            

Contact Data