BTS Group AB (publ) Interim Report 1 January - 31 March 2004

BTS Group AB (publ) Interim Report 1 January - 31 March 2004 * During the first quarter, net turnover rose by 38 percent, totalling MSEK 51.4 (37.2) Adjusted for changes in exchange rates, growth totalled 50 per cent. * Result for the first quarter - Operating result amounted to MSEK 8.8 (-1.6), corresponding to 17 (-4) per cent in operating margin - Result before tax amounted to MSEK 9.1 (-1.1) - Result after tax amounted to MSEK 5.9 (-0.7) - Earnings per share for the period totalled SEK 1.00 (-0.13) * The company has achieved growth and improved profitability during the first quarter through: - Generally improved market situation - BTS' stronger market position - Improved productivity and cost-efficiency measures * New clients during first quarter were Adobe and Holcim. * BTS received its biggest order ever from a world-leading US technology company. * BTS was awarded two prizes: - Texas Instruments' "TI Supplier Excellence Award" - Swedish Trade Council's "Achievement Award" for successes in the US market. For additional information, please contact: Henrik Ekelund, Managing Director (+46 8 58 70 70 12, +46 8 58 70 70 00) Stefan Brown, CFO (+46 8-58 70 70 62, +46 8 58 70 70 00) or see our homepage www.bts.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/04/22/20040422BIT00100/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/04/22/20040422BIT00100/wkr0002.pdf The full report