Strong first quarter for Bure
Preliminary quarterly result, January-March 2000, for Bure's Parent Company Strong first quarter for Bure Preliminary profit after tax of SEK 1,425M in the Parent Company Preliminary profit after tax of Bure's Parent Company in the first three months amounted to SEK 1,425M, which is the strongest quarter for Bure so far. Behind the result are, among other things, capital gains from the sales of Guide and Framfab shares as well as the reduction of the holding in Sifo Group. Bure's remaining holding in Framfab currently amounts to approximately SEK 100M. Ahead of today's Annual General Meeting of Bure, the Board of Directors expressed its intention to propose to next year's Annual General Meeting a dividend to the shareholders that is at least on a par with this year's cash dividend. The Bure Board is also positive to the buy-back of own shares and it therefore possibly intends to revert to the shareholders later on with a proposal for the buy-back of own shares. Gothenburg, 4 April 2000 Investment AB Bure (publ) For further information, please contact: Knut Leman, Head of Corporate Communications +46 31-335 76 75, 705-11 76 75 Ulrika Stenson, Investor Relations +46 31-335 76 51, 705-90 07 23 The full Quarterly Report will be published on 10 May 2000. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/04/20000404BIT00700/bit0001.doc http://www.bit.se/bitonline/2000/04/04/20000404BIT00700/bit0002.pdf