Interim report for the period January-September 2003

Interim report for the period January - September 2003 The new AcandoFrontec is in place · Net sales amounted to SEK 338 million (430) for the period and SEK 125 million (91)1) for the third quarter. · The Group's operating loss, EBIT, was SEK -153 million (-43) for the period and SEK -84 million (-4) for the third quarter. · The loss after tax was SEK -150 million (54) for the period and SEK -80 million (96) for the third quarter. The loss per share amounted to SEK -3.79 (1.56) for the period and SEK -1.44 (2.79) for the third quarter. · The result for the period was charged with costs of SEK 93 million for structural measures. These costs were previously announced in the six-month interim report and a separate press release. Of the SEK 93 million, SEK 59 million has been charged to the third quarter. Of the total SEK 93 million, SEK 66 million consists of costs in connection with the merger of Acando and Frontec, including the improvement program implemented during the third quarter. SEK 27 million refers to previous measures taken by Frontec AB. · The Group's liquid assets, including short-term investments, amounted to SEK 111 million (184) at the end of the period. For further information, please contact: Lars Wollung, telephone +46 730 21 14 26 President Bertil Carlsén, telephone +46 730 21 10 92 CFO AcandoFrontec AB (publ) Corp. reg. no. 556272-5092 Storgatan 19 SE-114 85 Stockholm, Sweden Telephone +46 8 517 24 000 www.acandofrontec.com company's auditors. _______________________________ 1) Acando AB has been consolidated as of July 2003. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/11/10/20031110BIT00320/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/11/10/20031110BIT00320/wkr0002.pdf The full report