STOCKHOLM, Sweden, Jan. 29, 2004 (PRIMEZONE) -- OMHEX: 2003 -- A year of restructuring and integration
-- Revenue amounted to SEK 2 686 m (2 640)
-- Operating income excluding items affecting comparability was
SEK 113 m (108)
-- Items affecting comparability of SEK -562 m (-132) includes
restructuring costs of SEK 662 m and a capital gain of SEK 100 m
-- Loss after financial items was SEK 472 m (-56)
-- Loss after tax was SEK 431 m (-71)
-- Earnings per share at SEK -4.33 (-0.85)
-- Board of directors proposes dividend of SEK 0 (1) per share
-- Merger of OM and HEX
-- Cost-efficiency program carried out according to plan
-- Weak markets for both OM Technology and HEX Integrated Markets
during the year
Fourth quarter 2003 -- Slight increase in market activity
-- Revenue totaled SEK 750 m (644)
-- Operating income excluding items affecting comparability was
SEK 57m (19)
-- Items affecting comparability at SEK -38 m (-75), relating to write-
downs and closures
-- Income after financial items was SEK 10 m (-67)
-- Income after tax was SEK 10 m (-69)
-- Earnings per share at SEK 0.08 (-0.82)
-- Strategically important order from Singapore Exchange
-- Slight increase in market activity in both divisions during the
quarter
-- Cost-efficiency program completed, full effect at the end of the
first quarter 2004
Enclosed you will find OMHEX's Financial Statement for 2003.
The report is also available at www.omhex.com.
A press and analyst briefing will be held today at 10.30 CET at OMHEX's head office at Norrlandsgatan 31, Stockholm. For those unable to attend, it will be possible to listen in via conference call at the following numbers, UK: +44 (0)20 7162 0185, US: +1 334 323 6203, Sweden: +46 8 505 201 14
CEO Magnus Bocker will present the report in English together with CFO Per Nordberg.
This information was brought to you by Waymaker http://www.waymaker.net
The full report is available for download:
http://www.waymaker.net/bitonline/2004/01/29/20040129BIT00020/wkr0001.pdf