YEAR-END STATEMENT January-December 2003
* The board of directors propose a dividend of SEK 2.75 / share (2.50)* Earnings increased by 4% to MSEK 1 204.5 (1 159.6)* Net income is MSEK 64.5 (64.5)* Earning per share is 6.01 (6.61). Average number of shares are 10.73 millions (9.76)* Operating income before amortisation of goodwill is MSEK 140.0 (142.2), corresponding to an operating margin before goodwill amortisation of 11.6% (12.3)* Cash flow from current operations is improved to MSEK 128.0 (96.6)* Organic growth in Scandinavia amounted to 8%, which is considered to be slightly better than the general market