INTERIM REPORT 1 JANUARY - 31 MARCH 2004

INTERIM REPORT 1 JANUARY - 31 MARCH 2004 Broström AB (publ) - Reg No 556005-1467 ·Profit for Q1 MSEK 120 (115) ­Net sales MSEK 806 (910) ­Net profit MSEK 98 (78) ­Profit per share SEK 3.35 (2.67) Return on capital employed 12.9 per cent (12.7) ·Disposable liquidity amounted to MSEK 891 (801 as at 31 December 2003) ·A strong but volatile spot freight market during the first quarter. ·Expansion of the fleet. BRO GRANITE delivered in April. ·The increased requirements for quality, the focus in the oil industry on the "just-in-time" concept with low oil stocks as a consequence, plus a continued improvement in the world economy are all factors that are expected to contribute to further positive development for Broström. Broström is one of the leading logistics companies for the oil and chemical industry, focusing on industrial product and chemical tanker shipping and marine services. Broström is based all over the world and operates within two areas: Shipping and Marine & Logistics Services. Broström's head office is located in Göteborg, Sweden. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/04/27/20040427BIT20540/wkr0006.pdf Full report in Pdf