Interim report for Q3 2002

Interim report for Q3 2002 The efforts of the Board of Directors and the management to identify new operations for the company continued during Q3. Net sales for Q3 came to -SEK 0.2 million (SEK 51.8 m). The operating loss for Q3 was -SEK 2.0 million (-SEK 87.0 m), while the Q3 pre-tax loss came to -SEK 2.0 million(-SEK 86.3 m). On 30 September, the Group's liquid assets totalled SEK 2.7 million. The operations The work of evaluating potential structural deals continued throughout Q3. The aim of the Board of Directors and the management is to conclude an acquisition agreement with another company during Q4, thus enabling a positive performance in terms of shareholder value for the company. No guarantees can be given, however, that such an agreement will be concluded. Net sales, profit/loss and employee numbers in brief 2002 2001 Q 3 Q 2 Q 1 Q 4 Q 3 Q 2 Q 1 Jan- Dec Sales, SEK M -0.2 5.1 24.2 40.5 51.8 95.0 127.7 315.0 EBITA 1), -2.2 -11.7 -13.3 -22.4 -28.1 -36.3 -30.6 -117.4 SEK M EBITA e.m. -228.1 -55.1 -55.4 -54.2 -38.2 -24.0 -37.3 margin, % EBIT, SEK M -2.0 -9.5 -13.3 -43.5 -86.9 -75.1 -76.0 281.5 Number of 1 168 298 418 481 employees 3 90 168 (end of period) 2) 1) Adjusted for items affecting comparability. 2) Excluding employees included in the restructuring program. Net sales for Q3 totalled -SEK 0.2 million compared with SEK 51.8 million the same period the previous year. The reason for the negative net sales outcome is partly that the Group has wound up its operative activities, and partly that amounts previously invoiced have now been credited. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/04/20021104BIT01420/wkr0001.doc The Full Report http://www.waymaker.net/bitonline/2002/11/04/20021104BIT01420/wkr0002.pdf The Full Report