CARDO AB Report on Operations 2003

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CARDO AB Report on Operations 2003 * Net sales: SEK 7,687 million (10,376*) * Net earnings: SEK 308 million (675*) * Earnings per share: SEK 10.28 (22.50*) * Cash flow remained good * Earnings after financial items in the current operations: SEK 428 million (449) * Earnings per share in the current operations: SEK 10.28 (10.38) * The Board of Directors proposes a dividend of SEK 8.00 (previous year 8.00 regular dividend) per share For further information, please contact: Kjell Svensson, President and CEO, phone +46 40 35 04 53, 35 04 00 Göran Axeheim, Executive Vice President and CFO, phone +46 40 35 04 42, 35 04 00 Christer Roskvist, Head of Public Relations, phone +46 40 35 04 25, 35 04 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00510/wkr0001.doc http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00510/wkr0002.pdf Tables http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00510/wkr0003.pdf The full report