Year-End Report 2003

Year-End Report 2003 · Net sales amounted to SEK 1,051M (1,036) · Result after tax amounted to SEK -19M (-28) · Earnings per share, SEK -3.41 (-6.02) · For the fourth quarter the EBT was 7M (-18) · The Board of directors proposes the same dividend as previous year of SEK 1.50 per share · Waterjet was consolidated into the business on 1 October and is making a positive contribution to the Group's net result Fourth Twelve months quarter Group summary SEK M (unless otherwise stated) 2003 2002 2003 2002 Order intake 366 274 995 1,045 Backlog 330 397 330 397 Net sales 375 293 1,051 1,036 Operating result 9 -17 -12 -21 Result before taxes 7 -18 -21 -29 Result after tax 10 -11 -19 -28 Earnings per share, SEK M 1.27 -2.27 -3.41 -6.02 Lars Bergström President and CEO For further information, please contact Lars Bergström, President of Karolin Machine Tool AB, telephone +46 8-594 211 50 or +46 70-240 52 35, or via e-mail: lars.bergstrom@kmt.se Future information Interim Report January-March 29 April 2004 Interim Report January-June 20 August 2004 Interim Report January-September 22 October 2004 Year-End Report 2004 February 2005 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/11/20040211BIT00820/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/02/11/20040211BIT00820/wkr0002.pdf The full report

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