The Group net sales rose 12.8% to EUR 138.9 million (EUR 123.1 million). The operating profit after depreciation totalled EUR 9.0 million (EUR 8.7 million) and after financial items EUR 8.0 million (EUR 8.0 million). The earnings per share totalled EUR 0.66 (EUR 0.65). The Board's dividend proposal is for EUR 0.98 per share. The Board will apply for share issue and repurchasing authorization.
BUSINESS CONDITIONS
The net sales of the Aspo Group continued to show solid growth in 2002 and totalled EUR 138.9 million (EUR 123.1 million). The operating profit after financial items totalled EUR 8.0 million (EUR 8.0 million).
Three important company moves were made during the year. The Systems Division focused its operations on the service station sector with the acquisition of the Swedish Autotank and the divestiture of Navintra Ltd. As a result of the acquisition the Systems Division reached critical mass and took a position of market leadership. The Shipping Division acquired a shipping company with a fleet of pusher barges that increased considerably our transport capacity and added a new dimension to our services.
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