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Record production creates new jobs at BT

Truck manufacturer BT Products in Mjölby is producing electric powered trucks like never before. Incoming orders have reached a record high in 2005 and the workforce is increasing considerably.Production of electric powered trucks has increased by 150% in 10 years! Much of this dramatic increase has been made possible through improved productivity, although it has also resulted in many new jobs at the factory in Mjölby, central Sweden. “We operate on markets which are showing sound growth,” says Thomas Persson, head of the Powered Trucks division in Mjölby. “Our sales organisation have been

Toyota Industries Corporation is creating a new, global Materials Handling Organization

Since mid 2000 Toyota Industries Corporation has owned the BT Industries Group (BT) and, during those five years, the materials handling activities in Toyota Material Handling Company (TMHC) and in the BT Group gradually have grown closer together. In these years, the two organizations have performed very well while learning from each other´s strength. However, there is still much more to be achieved by accelerating further integration. Therefore, Toyota Industries Corporation now takes the initiative to integrate TMHC and BT, and create one single global organization from mid this year –

BT INDUSTRIES, January-December 2004

Improved market share in a growing market.January - December Amounts in SEK m. 2004 2003 Orders received 13,294 12,083 Net sales 12,636 11,877 Income after net 808 736 financial items Net income 517 471 Market development During the year total volume in the industrial truck market reached its highest level ever, measured in terms of orders for number of trucks. BT estimates the global market at around 736,000 units, against approximately 634,000 in the previous year. The highest increase in demand was in the North American market. However, growth and rising volumes now dominate most other

BT Industries AB (publ) Annual Accounts 2004

•Improved market share in a growing market •Orders received SEK 13,294 m. (12,083), +10% •Net sales SEK 12,636 m. (11,877), +6% •Increased income, despite much higher raw material prices •Income after net financial items SEK 808 m. (736), +10% For further information, please contact: President and CEO Per Zaunders, Chief Financial Officer Håkan Dahllöf or Corporate Communication Manager Anders Stålhammar at telephone +46 142 86 000

BT INDUSTRIES, January - September 2004

BT INDUSTRIES, January - September 2004 Stronger market and stronger position for the BT Group BT INDUSTRIES, January - September 2004 January - Sept Amounts in SEK m. 2004 2003 Orders received 9.997 8.761 Net sales 9.127 8.552 Income after net 562 502 financial items Net income 351 299 Market development The world market for industrial trucks has continued to grow, with the latest global market volumes at a higher level than ever before. The most dramatic increase in demand has been in North America, although most other markets are also characterised by growth and a general upswing. Orders

BT Industries AB (publ) Interim report January - September 2004

BT Industries AB (publ) Interim report January - September 2004 ·BT advances its position in a strong market ·Orders received SEK 9,997 m. (8,761), +14% ·Net sales SEK 9,127 m. (8,552), +7% ·Income after net financial items SEK 562 m. (502), +12% ·Higher raw material prices put pressure on margins Financial summary July - Sept. January - October - Sept. Sept. 3 months 9 months 12 months Full-year SEK m. 20042003 2004 2003 20042003 2003 Orders 3,2722,741 9,9978,761 13,31911,921 12,083 received Net sales 2,9532,671 9,1278,552 12,45211,882 11,877 EBITA 1) 175193 646607 920898 881 Operating

BT Industries AB (publ) Interim report January - June 2004

BT Industries AB (publ) Interim report January - June 2004 - BT Industries growing in a growing market - Orders received SEK 6,725 m. (6,020), +12% - Net sales SEK 6,173 m. (5,881), +5% - Income after net financial items SEK 419 m. (338), +24% The full interim report is available as a PDF file only. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/08/24/20040824BIT20510/wkr0001.pdf The full report

BT INDUSTRIES, January - June 2004

BT INDUSTRIES, January - June 2004 Stronger market and stronger BT January - June Amounts in SEK m. 2004 2003 Orders received 6,725 6,020 Net sales 6,173 5,881 Income after net financial items 419 338 Net income 266 201 Market development The global market for lift trucks is continuing to grow following an initial turnaround in 2003. The increase in demand was seen first in the counterbalanced truck segment, then later in warehouse trucks. During the first half of this year growth in demand for warehouse trucks notably accelerated, at the same time that gains continued for counterbalanced

BT INDUSTRIES, January-March 2004

BT INDUSTRIES, January-March 2004 Market and orders rise January - March Amounts in SEK m. 2004 2003 Orders received 3,242 3,027 Net sales 2,960 2,923 Income after net 174 168 financial items Net income 104 100 Number of employees 8,102 7,782 Market development Demand for warehouse trucks rose during the first quarter. The increase was expected, since the combustion-powered counterbalanced truck segment grew relatively strongly in 2003. This segment usually includes customers and industries that are early in the business cycle, signifying a more general upswing. "Also during the first

BT INDUSTRIES, January-December 2003

BT INDUSTRIES, January-December 2003 Global lift truck market rebounding. January - December Amounts in SEK m. 2003 2002 Orders received 12,083 12,556 Net sales 11,877 12,329 Income after net 736 796 financial items Net income 471 478 Number of employees 8,026 7,794 Positive market development Global demand for lift trucks rose by nearly 7% in 2003, with the largest share attributable to combustion-powered counterbalanced trucks. The most substantial increases were outside mature markets in Europe and North America. The total market is estimated at 633,000 trucks (594,000). Of this amount,

BT PRO LIFTER honoured in Dutch ergonomics awards

BT PRO LIFTER honoured in Dutch ergonomics awards The Dutch organisation BZV has awarded the BT PRO LIFTER the honour "Arbo Tip 2003". The PRO LIFTER is a hand truck with revolutionary difference. An innovative mechanism allows an operator to get the truck moving by simply pumping the handle. The force required to do this is only a third of what would be needed to start a conventional hand pallet truck, resulting in significant ergonomic benefits. The Arbo awards are for products that improve working environments through good design. BZV is a co-operative enterprise between about 5000

BT INDUSTRIES, January-September 2003

BT INDUSTRIES, January-September 2003 BT defends profit margin despite weak dollar January - September Amounts in SEK m. 2003 2002 Orders received 8,761 9,396 Net sales 8,552 8,999 Income after net financial items 502 540 Net income 299 320 Number of employees 7,797 7,794 Market development The global market for industrial trucks is estimated to have increased slightly during the year compared with the corresponding period of 2002. The recovery in both the global economy and the industrial truck industry has been somewhat slower than we had previously expected, especially in the third

BT INDUSTRIES, January-June 2003

BT INDUSTRIES, January-June 2003 Gradually stabilizing market January-June Amounts in SEK m. 2003 2002 Orders received 6,020 6,383 Net sales 5,881 6,090 Income after net financial items 338 360 Net income 201 213 Number of employees 7 808 7 733 Market development During the first half-year the global market for industrial trucks grew by approximately 5% compared with the corresponding period of 2002. Increases were primarily noted in combustion-powered counterbalanced trucks. In electric-powered trucks, where BT is mainly active, the increase was approximately 2%. "Continued uncertainty in

Toyota Industries international treasury operations to set-up in Sweden

Toyota Industries international treasury operations to set-up in Sweden Toyota Industries Corporation (TICO) has together with its Swedish based subgroup BT Industries decided to set-up its international treasury operations in Mjölby, Sweden. The treasury operations will be conducted in a new company - Toyota Industries Finance International AB (TIFI) - and will use the present treasury organisation within BT Industries. The company started its business on June 1 and the Managing Director for TIFI will be Rikard Sagent, who today is Group Treasurer within BT Industries. Mr Sagent says that

BT remains stable in uncertain times

BT INDUSTRIES, January-March 2003 BT remains stable in uncertain times January - March Amounts in SEK m. 2003 2002 Orders received 3,027 3,096 Net sales 2,923 2,936 Income after net financial items 168 174 Net income 100 102 Number of employees 7,782 7,794 The global market for industrial trucks is estimated to have increased slightly during the first quarter. This applies primarily to the segment for combustion-powered counterbalanced trucks. BT is mainly active in the electric-powered truck segment, where the market has remained uncertain. Previous signs of a slight recovery in North

Orders up, income down

Orders up, income down *Global market for lift trucks largely unchanged *Orders received rose by 3% to SEK 12,556 m. *Net sales declined by 7% to SEK 12,329 m. *Income after net financial items down 10% to SEK 796 m. The major decline in demand for industrial trucks that began in North America in late 2000 continued throughout 2001 and spread to the rest of the world. In 2002 the market as a whole was more stable and showed initial signs of a recovery, although great uncertainty remains. The total global market for industrial trucks is expected to remain unchanged during the year. A slight

Interim report January-September 2002

Interim report January - September 2002 Orders rise - economic conditions remain uncertain *Orders received rose 5% to SEK 9,396 m. (SEK 8,927 m.) *Net sales declined by 7% to SEK 8,999 m. (SEK 9,715 m.) *Income after net financial items fell 16%, SEK 540 m. (SEK 643m.) *Slight rise in demand, but continued uncertainty in the market Positive signs, but no clear turnaround Economic conditions in BT's industry are still uncertain. The increase in demand reported around mid-year continued during the third quarter, though to a lesser degree. "The signs of an improvement in the global economy

BT Industries, interim report january-june 2002

BT INDUSTRIES, Interim report January - June 2002 Weak economy puts pressure on income - order intake beginning to increase Orders received SEK 6,384 m. (SEK 6,078 m.), rising in the second quarter Sales declined by 8% to SEK 6,090 m. (SEK 6,606 m.) Income after net financial items fell 19%, SEK 360 m. (SEK 442 m.) Economy and demand nearing a turning point Market nearing a turning point The economy in our industry and demand might have reached bottom. Market activity was higher during the second quarter than the first. Global economic conditions remain very uncertain, however. "The second

Interim report January # March 2002

BT Industries AB Interim report January - March 2002 > Orders received essentially unchanged at SEK 3,096 m. (SEK 3,108 m.) > Sales declined by 8% to SEK 2,936 m. (SEK 3,200 m.) > Income after net financial items fell 23% to SEK 174 m. (SEK 226 m.) > The market: Europe down, North America levelling off ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/05/14/20020514BIT01390/wkr0001.doc http://www.waymaker.net/bitonline/2002/

New President of BT Industries

New President of BT Industries After ten successful years as Chief Executive Officer of BT Industries AB, Carl-Erik Ridderstråle will be retiring on schedule on June 1. His successor is BT's Executive Vice President and Chief Financial Officer, Per Zaunders. The long-term focus and continuity that has distinguished the company will therefore continue. Carl-Erik Ridderstråle and Per Zaunders have worked closely together during the last, very eventful ten-year period. BT Industries has developed during these years into a world-leading player in the market for internal materials handling. Carl-

BT Industries AB (publ) Annual Accounts for 2001

The world market for warehouse trucks fell by approx. 7%, with a decline of around 25% in North America. *Orders received SEK 12,245 m. (SEK 12,060 m.), up 2% *Sales SEK 13,248 m. (SEK 11,518 m.), up 15% *Income after financial net SEK 888 m. (SEK 824m.), up 8% Financial summary October - December Full- SEK m. 3 months year 2001 2000 2001 2000 Orders received 3,318 3,267 12,245 12,060 Net sales 3,533 3,400 13,248 11,518 EBITDA 1) 348 415 1,385 1,313 Operating income 200 279 810 831 Income after net 245 284 888 824 financial items 1) EBITDA = Earnings Before Interest, Tax, Depreciation and

Income up-market down

Income up - market down The global market for warehouse trucks fell approx. 7% Orders received rose to SEK 12,245 m. + 2% Invoiced sales rose to SEK 13,248 m. +15% Income after net financial items rose to SEK 888 m. +8% BT strong despite declining market "It was a successful year for BT Industries. We reported the highest sales and best income in the company's history - but getting there wasn't easy," says CEO Carl-Erik Ridderstråle. In 2001 the global market for lift trucks was affected by the major economic slowdown in North America, where the market initially fell by approximately 25%

BT against the stream - higher earnings

BT against the stream - higher earnings Orders received rose 2%: SEK 8,927 m. (SEK 8,793 m.) Invoiced sales rose 20%: SEK 9,715 m. (SEK 8,118 m.) Income after net financial items up 19%: SEK 643 m. (SEK 540 m.) Demand remains good in Europe, slowdown in U.S. stabilised BT remains strong in a slowing economy "BT's customers are primary in consumer goods distribution, and around a third of our overall business is from services, to complement to lift truck sales," says CEO Carl-Erik Ridderståle. "This makes BT less sensitive when the economy slows. Through its global market coverage, BT is

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