Broström's Preliminary Report 2004

Broström AB (publ) – reg no 556005-1467 • Profit after financial items for the year was MSEK 305 (238) ­ - Net sales MSEK 3,198 (3,267) - Net profit MSEK 452 (179) ­ - Earnings per share SEK 15.42 (6.14) ­ - Return on capital employed 8.1 per cent (7.5) • Profit after financial items for Q4 was MSEK 61 (22) ­ - Net sales MSEK 837 (771) ­ - Net profit MSEK 69 (23) ­ - Earnings per share SEK 2.32 (0.80) • Disposable liquidity amounted to MSEK 828 (801) • Proposed dividend SEK 5.00 (SEK 4.50 including an extra dividend of 1.50) per share • Expansion and change of transport capacity - Acquisition of stakes in existing vessels - Deliveries of newbuildings - New partners - Acquisition of Nordtank Shipping - Sale of older vessels • The beginning of 2005 has been characterised by a continued strong freight market. Structural changes and growing regional imbalances are giving rise to increased demand for transportation. The prospects for 2005 are favourable.