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Altor becomes Ferrosan’s new principal shareholder - continued focus on growth

The Nordic investment fund Altor 2003 Fund is acquiring 70 per cent of the shares in Ferrosan, and management is becoming a co-owner of the company. Idosan, the former principal shareholder, will retain 30 per cent of the shares. Novo Nordisk is selling its shares in Ferrosan.Following several years of strong performance, the healthcare and medical devices company Ferrosan is well positioned to further boost its growth. The new principal shareholder, the Altor 2003 Fund, and the company's management see Ferrosan as an attractive platform within the health and dietary supplements sector.

Nokia launches products for service convergence and network evolution

“There is a wide variety of opportunities today for network operators, from voice to person-to-person multimedia, from entertainment and information services to enterprise applications,” says Simon Beresford-Wylie, Executive Vice President and General Manager of Networks, Nokia. “The Nokia products, services, and solutions we are showcasing at the 3GSM World Congress illustrate our continued commitment to develop the service machinery for the operators of converging networks.” “Convergence between fixed and mobile networks, enabled by multiradio terminals, complementary access technologies

Broström sale of holding in Australian ship broking firm

• Broström has sold its 30 per cent stake in the Australian ship broking firm Seawise Australia Pty • The sale gives Broström an accounting profit of MSEK 17 and a cash surplus of MSEK 18 Broström has had interests in the Australian ship broking industry since 1971. In 2001 Broström’s interest was transferred into a part-ownership of Seawise Australia Pty. Seawise’s focus is on dry cargo ship broking and for Broström, being a tanker owner and operator, reasons to remain as a shareholder have become of less strategic value. The buyer is UK based Braemar Seascope Group plc that from now on is

Report on Operations 2004

• Inflow of orders: SEK 7,743 million (7,669) • Net sales: SEK 7,686 million (7,687) • Net earnings: SEK 250 million (308) • Earnings per share: SEK 8.32 (10.28) • The Board of Directors proposes a dividend of SEK 8.00 (8.00) The Group’s inflow of orders stood at SEK 7,743 million (7,669), an increase of 2 percent after adjustment for the effects of exchange rate movements. Compared with the previous year, the inflow of orders during the fourth quarter was lower for construction-related products, particularly in Germany and the UK. Net sales amounted to SEK 7,686 million (7,687), an

Pergo’s restructuring project goes according to plan

As part of Pergo’s restructuring project, the company has started Swedish Codetermination Act negotiations at the Perstorp site about letting 60 employees go. As previously announced 120 employees will leave Pergo, through notice of termination and normal resignation. The project is running according to plan.Pergo’s Board decided to concentrate premium product production in Sweden at Trelleborg in March 2004. The impregnation division with around 30 employees will remain at Perstorp. In conjunction with the decision, the company issued termination notices to 45 employees and announced that

SKF intends to acquire full ownership of its Indian bearing company

SKF has announced on Thursday its intention to purchase the outstanding publicly held shares of its Indian subsidiary company SKF India Limited and delist it under the Securities and Exchange Board of India Delisting Guidelines (Delisting Guidelines).SKF holds 53.58% of the equity shares in the company. The total number of outstanding shares is 52 732 538. Full ownership of the company will give SKF increased operational flexibility to support the development of its business and to fully integrate the operations within the SKF Group. SKF India Limited sales 2003 were SEK 808 million with a

Year-end report for Cloetta Fazer January-December 2004

* Net sales totalled MSEK 3,024 (3,030) * Operating profit was MSEK 362 (390), and included items of MSEK -38 pertaining to the closure of the Norrköping factory, adjustment of pension commitments, capital gains on the sale of shares and the write-down of fixed assets in Poland. Excluding these items, operating profit was MSEK 400 (390) and operatingmargin was 13.2% (12.9%) * Profit after financial items amounted to MSEK 378 (408), and excludingthe above items to MSEK 416 (408). * Profit after tax reached MSEK 271 (282). * Earning per share amounted to SEK 11.23 (11.75) * The Board proposes a

Cloetta Fazer shows strong performance in Finland and Sweden

Cloetta Fazer’s net sales in 2004 totalled MSEK 3,024 (3,030). Operating profit was MSEK 362 and included restructuring charges and other non-recurring items of MSEK –38. Excluding these effects, operating profit amounted to MSEK 400 (390) and profit after financial items to MSEK 416 (408).Sales of Cloetta Fazer’s top 12 brands were up 2 per cent in the fourth quarter and 5 per cent for the full year 2004. The company continued to perform well in its main markets in Sweden and Finland throughout the fourth quarter. Operating profit for the fourth quarter, excluding restructuring charges and

OUTOKUMPU BOARD APPROVES THE REMUNERATIONS OF THE 2002 SHARE REMUNERATION SCHEME FOR MANAGEMENT

OUTOKUMPU OYJ STOCK EXCHANGE RELEASE February 10, 2005 at 1.45 pmOUTOKUMPU BOARD APPROVES THE REMUNERATIONS OF THE 2002 SHAREREMUNERATION SCHEME FOR MANAGEMENT Outokumpu’s Board of Directors has today approved the remunerationsfor the third remuneration period of the share remuneration schemefor management in accordance with the maximum remuneration. A totalof 142 persons in the management or other key positions participatedin the 2002 share remuneration scheme. Approximately 280 490treasury shares that the Company currently holds will be transferredto the assigned persons as share

OUTOKUMPU?S AGM TO CONVENE ON APRIL 5, 2005

OUTOKUMPU OYJ STOCK EXCHANGE RELEASE February 10, 2005 at 1.30 pmOUTOKUMPU’S AGM TO CONVENE ON APRIL 5, 2005 The Board of Directors of Outokumpu Oyj has today decided toconvene an Annual General Meeting of shareholders that will beheld on Tuesday, April 5, 2005 at 1.00 pm (Finnish time) at theDipoli Congress Centre, in Espoo, Finland. In addition to theitems as prescribed in the Articles of Association, the agenda forthe meeting will include proposals to amend the Articles ofAssociation and establishing a Shareholders’ Nomination Committee,as well as proposals to authorize the

OUTOKUMPU ANNUAL ACCOUNTS 2004 - NET PROFIT ALL-TIME HIGH AT EUR 390 MILLION

OUTOKUMPU OYJ STOCK EXCHANGE RELEASE FEBRUARY 10, 2005 at 1.00 PMOUTOKUMPU ANNUAL ACCOUNTS 2004 - NET PROFITALL-TIME HIGH AT EUR 390 MILLION Outokumpu’s sales in 2004 increased by 20% to EUR 7 136 million.Operating profit amounted to EUR 468 million (2003: EUR 214million). Earnings per share were EUR 2.13 (2003: EUR 0.65). Netcash generated from operating activities was EUR 128 millionnegative (2003: EUR 194 million positive). The Group’s gearingratio was 97.2%. The Board is proposing a dividend of [EUR 0.50]per share. Oct- Jul- Jan- Jan-

Broadband network inaugurated in Municipality of Vaggeryd

Residents of the Municipality of Vaggeryd now have access to broadband service. On Thursday (Feb. 10), a new broadband network was inaugurated that provides broadband service to approximately 86 percent of the residents in the municipality. The network, delivered by TeliaSonera Network Sales during the autumn of 2004, provides broadband with speeds up to 8 Mbit/s. Residents in the community of Skillingaryd can also get speeds up to 24 Mbit/s.TeliaSonera Network Sales signed the agreement with the Municipality of Vaggeryd in October last year. The intention was to build out the first stage

Securitas Systems acquires ESES in Spain

This is a press release from Securitas ABSecuritas Security Systems in Spain has acquired the operations of ESES (Empresa de Servicios Especializados de Seguridad, S.A) with nationwide installation and servicing of security systems in Spain. The company has forecasted sales of MEUR 8 (MSEK 73) in 2005. The operations have 130 employees and the enterprise value of the acquisition is MEUR 3 (MSEK 27). The service and monitoring contract portfolio accounts for 25 percent of total sales. After the acquisition Securitas Security Systems in Spain will have annual sales of MEUR 74 (MSEK 672) and

Raisio Group Financial Review 2004

Raisio Group plc Stock Exchange Release 10 Feb 2005, 12.30 Finnish timeRaisio Group Financial Review 2004A YEAR OF RESTRUCTURING ENDED ON A POSITIVE NOTEOperating result from ongoing business improved by some EUR 16million in 2004 · The divestment of Raisio Chemicals to the Swiss company Ciba Specialty Chemicals was concluded in early June. The financial statements include Raisio Chemicals’ figures for the January to May period in 2004.· The Group posted a turnover of EUR 626.9 million (EUR 860.5million), the drop over the previous year mainly resulting from

Nokia Xpress audio messaging – a personal new way to communicate

Today Nokia introduced an easy to use service based on multimedia messaging that allows consumers to send voice clips over-the-air. Dubbed “Nokia Xpress audio messaging”, the service enables consumers to personalize messages in a spontaneous and creative way. By using an especially designed new menu, an audio message can be recorded and sent with only a few clicks of a button.“Nokia Xpress audio messaging enables operators to differentiate their service offering from competitors by utilizing existing infrastructure,” explains Juha Pinomaa, Vice President, Mobile Phones, Nokia. “For

Record year for Volvo Trucks

2004 was the best year yet in Volvo Trucks’ history. Deliveries increased by 29 percent to a record-beating 97,264 (75,312). There was considerable demand for heavy trucks on all the major markets in Europe, North and South America and Asia.“I am delighted with last year’s results, and we can see that the need for transport will continue to be strong in 2005. The forecasts for both Europe and North America indicate a positive trend over the coming year”, says Staffan Jufors, President and CEO of Volvo Trucks. As in the previous two years, the demand for heavy trucks continued to increase in

Ericsson's Board of Directors proposes a Long Term Incentive Plan 2005 for all employees

The Ericsson Board of directors has decided to present a Long Term Incentive Plan 2005 ("LTI 2005") at its annual general meeting of shareholders. The LTI 2005 is based upon the same principles as the Stock Purchase Plan 2003, which covered all employees and was supplemented by the Long Term Incentive Plan 2004 for key contributors and senior management.The Board of Ericsson is convinced that the continuation of long-term incentive programs is essential to retain and in the future recruit key personnel and to develop conditions for the company's future development and creation of value. The

Mandator strengthens S-Ox expertise through collaborative agreement with Amentor AB

Mandator is to strengthen its IT offering within risk management and information security through a collaborative agreement with Amentor AB concerning the Sarbanes-Oxley Act of 2002 (S-Ox)."This collaboration provides Mandator and Amentor with Sweden's possibly strongest and most well grouped S-Ox expertise. We will also recruit new employees within this field," says Helen Fredin, Business Unit Manager at Mandator Göteborg. "As an EU directive concerning similar legislation can most likely be expected during 2006, we predict a bright future for this IT area.""Mandator has a strong brand

Transfer of Ericsson own stock in relation to the incentive programs for employees

The Board of Directors of Ericsson will propose at the annual general meeting of shareholders, in accordance with previous decisions, that Ericsson shall have the right to transfer its own shares in order to cover certain payments that occur in relation to the Company's Global Stock Incentive Program 2001, the Stock Purchase Plan 2003 and the Long Term Incentive Plan 2004.The annual general meeting of shareholders 2001 of Ericsson resolved to approve transfer of own shares in relation to the introduction of a Global Stock Incentive Program. The resolution comprised, inter alia, a right for

Orkla lämnar ett offentligt erbjudande - i enlighet med bestämmelser om budplikt - till aktieägarna i Sapa

Den 10 januari 2005 ingick Orkla avtal om förvärv av 5 018 037 aktier i Elkem ASA ("Elkem"), motsvarande 10,18 procent av aktierna och rösterna. Avtalen var villkorade av godkännande från Orklas bedriftsforsamling vilket gavs den 13 januari 2005. Härigenom ökade Orklas totala aktieinnehav i Elkem till 50,03 procent av aktierna och rösterna.[2] Elkem äger 27 019 502 aktier i Sapa, motsvarande 74,0 procent av aktierna och rösterna. Mot denna bakgrund lämnar Orkla Erbjudandet i enlighet med reglerna om budplikt i Näringslivets Börskommittés regler rörande offentliga erbjudande om aktieförvärv (

Orkla will launch mandatory offer to acquire all shares in Sapa

The offer price will be SEK 187. Further details on the offer are set out in a separate press release prepared pursuant to the Swedish take-over regulations.   Reference is made to notice of 14 January 2005 regarding Orkla ASA's obligation to present an offer to the shareholders of Sapa AB in connection with Orkla ASA's acquisition of the majority of shares in Elkem ASA. The Elkem group owns 27,019,502 shares, corresponding to 74 per cent of the shares and votes in Sapa AB.   Orkla ASA has today announced that it will launch a mandatory offer to acquire all shares in Sapa AB

Orkla makes a public offer - in accordance with the rules on mandatory bids - to the shareholders of Sapa

On January 10, 2005, Orkla entered into agreements to acquire 5,018,037 shares in Elkem ASA ("Elkem"), equivalent to 10.18 percent of the shares and votes. The agreements were conditional upon the approval of Orkla's Corporate Assembly (bedriftsforsamling), which was given on January 13, 2005. Thereby, Orkla's total holding in Elkem increased to 50.03 percent of the shares and votes.[2] Elkem holds 27,019,502 shares in Sapa, equivalent to 74.0 percent of the shares and votes. As a consequence thereof, Orkla makes a public offer in accordance with the stipulations regarding mandatory bids in

RNB reports January 2005 sales figures

RNB´s sales in January 2005 excluding NK rose by 19.3% for comparable stores compared with the corresponding month a year earlier. Including NK, sales rose by 35.5% in comparable units compared with the preceding year. Total sales in December 2004 and January 2005 rose by 10.9% in comparable units compared with the preceding year.The NK department store decided earlier to move its after-Christmas discount sales from December 26 to January 6. The change in the sale period results in a significant shift in sales revenues from December to January compared with the preceding year. As a

Year-end Report January – December 2004

- Total group sales were down to SEK 147 million (192), fourth quarter sales dropped to SEK 29 million (41). Sales in Business Unit Anoto increased to SEK 95 million (73), of which SEK 22 million (25) is attributable to the fourth quarter. - The Group’s gross profit increased and amounted to SEK 90 million (45), of which SEK 19 million (15) in the fourth quarter. The gross margin has been calculated in compliance with a new accounting principle (see note 2). - For the first time in its history, the Group in the fourth quarter achieved a positive operating income of SEK 1 million (- 22)

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