INTERIM REPORT JANUARY - SEPTEMBER 2003

* Turnover Jan. – Sep. SEK 1 809 m (1,934)

Jul. – Sep. SEK 587 m (633)

* Income after net financial items Jan. – Sep. SEK 54 m (65)

Jul. – Sep. SEK 16 m (55)

* Earnings per share after net financial items Jan. – Sep. SEK 0.30 (0.34)

Jul. – Sep. SEK 0.09 (0.30)

* Profit after tax Jan. – Sep. SEK 37 m (35)

Jul. – Sep. SEK 11 m (31)

* Earnings per share after tax Jan. – Sep. SEK 0.20 (0.19)

Jul. – Sep. SEK 0.06 (0.17)

* Cash flow per share Jan. – Sep. SEK -0.35 (-0.26)

Jul. – Sep. SEK -0.23 (-0.08)

* Shareholders’ equity per share SEK 9.20 (31.12.02: 9.33)

* Equity/assets ratio 71% (31.12.02: 72%)

* The third quarter was characterized by a high level of deliveries and price increases mainly during the latter part of the quarter.

* The previous forecast of a better result for the whole year 2003 compared with the year 2002 remains, even if the uncertainty related to the development of the USD has increased.

(FOR COMPLETE INTERIM REPORT SEE ATTACHED FILE)

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