Financial Report January - March 2004
Continued growth with positive cash flow
- Net sales increased 63.5% to MSEK 286.1 (175.0) 1)
- Operating income increased 63.8% to MSEK 23.1 (14.1) 2)
- Earnings after tax totalled SEK 14.1 (8.2), yielding earnings per share of
SEC 1.82 (1.07)
- Positive cash flow after investments, MSEK 30.4 (0.2)
- Extraordinary General Shareholders' Meeting on March 15 strengthened the
Board of Directors and adopted a resolution to execute a 20:1 stock split
1) Excluding units acquired during 2003, sales totalled SEK 211.7 million (175.0),
which corresponds to roughly 21% growth for comparable units.
2) Excluding units acquired during 2003, operating income totalled MSEK 16.1 (14.1),
which corresponds to an improvement of roughly 14% for comparable units.