Year-end report 2003
Results for 2003
Sales during the year increased by 3% and amounted to SEK 19,806 (19,271) million. Profit after tax increased to SEK 899 (577) million, equal to earnings per share of SEK 8.90 (5.70).
Profit after financial items for the fourth quarter increased to SEK 462 (260) million. Profit for the full year thereby rose by SEK 527 million to SEK 1,343 (816) million.
Cash flow for the fourth quarter improved and amounted to SEK 539 (293) million. Cash flow for the full year amounted to SEK 765 (1,208) million.
The proposed dividend is unchanged at SEK 6.00 per share, equal to SEK 605 million.
Deliveries of extra and ultra high-strength sheet and quenched steels increased during the year by 18%.