PRELIMINARY REPORT 2003

PRELIMINARY REPORT 2003 Broström AB (publ) - Reg No 556005-1467 · Profit for the year MSEK 238 (139) ­ - Net sales MSEK 3,267 (2,587) ­ - Net profit MSEK 179 (95) ­ - Profit per share SEK 6.14 (3.29) ­ - Return on capital employed 7.5 per cent (7.2) · Profit for Q4 MSEK 22 (29) ­ - Net sales MSEK 771 (661) ­ - Net profit MSEK 23 (18) ­ - Profit per share SEK 0.80 (0.62) · The beginning of 2004 has been characterised by a very strong freight market · Disposable liquidity amounted to MSEK 801 (791) · Proposed dividend SEK 4.50 per share including an extra dividend of SEK 1.50 per share · Bro Nadja, Bro Nelly and Bro Nora sold and delivered in December · The increased requirements for quality, the focus in the oil industry on the "just-in-time" concept which has resulted in reduced oil stocks and the anticipated improvement in the world economy should all 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/2004/02/25/20040224BIT20740/wkr0001.pdf The full report