Interim report January – September 2003

• The Group’s net sales amounted to SEK 2,469 million (2,376). - Earnings after net financial items totalled SEK 147 million (151). - Earnings after tax were SEK 106 million (109). - Earnings per share amounted to SEK 5.05 (5.16). • Tough business climate, a stronger Swedish krona and higher energy costs affected Group earnings. • Keen competition had negative effects on business area Oils & Fats. Continued productivity improvements and growing volumes of high value-added products are offsetting this impact. • Investment granted to expand production capacity for high value-added products in business area Oils & Fats. • Profit improvement and volume growth in business area Technical Products. • Continued volume growth for Feed Materials. Capacity-expanding investments are currently coming on stream.