Interim Report Jan - June 1999

IRO AB INTERIM REPORT 1 January - 30 June 1999 * Operating income totalled MSEK 36 (MSEK 91) * Costs of MSEK 10 in connection with the ITMA fair were charged against operating income for the period * Income after financial items totalled MSEK 42 (MSEK 86) * Turnover fell by 15 per cent to MSEK 477 (MSEK 559) * Order levels increased again, by 7 per cent during the second quarter * Earnings per share amounted to SEK 1,92 (SEK 3,90) THE GROUP IN BRIEF 1 Jan-30 June 1 Jan-30 June Change MSEK 1999 1998 1999/1998 Net turnover 47 55 -15% Operating income -60% Income after financial items 86 -51% Earnings per share2, SEK 1 3 -51% 1 According to the accounting principles for 1998, see under "Income after financial items" 2 Based on a total of 12,5 million issued shares ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/08/12/19990812BIT00490/bit0001.doc Full Report http://www.bit.se/bitonline/1999/08/12/19990812BIT00490/bit0002.pdf Full Report

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