Axel Johnson AB - 2002 Year-end Report

Axel Johnson AB - 2002 Year-end Report · Continued earnings growth - for the second consecutive year, earnings after net financial items showed positive growth, rising 54 percent to SEK 661 M. All operations showed improved earnings. · Stable sales growth - consolidated sales increased by 12 percent to SEK 8,640 M. · Strong financial position - the equity/assets ratio rose by 7 percentage points to 61 percent and the debt/equity ratio remained unchanged at 0. · Acquisitions and divestments - Åhléns acquired the Kicks cosmetics chain and Servera sold all of its properties. For further information, please contact: Göran Ennerfelt, President and Chief Executive Officer, tel: +46-8-701 61 00 (-6160) Fredrik Persson, Chief Financial Officer, tel: +46-8-701 61 00 (-6159) ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/05/20030305BIT00240/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/03/05/20030305BIT00240/wkr0002.pdf The full report