Report on Operations 2002

- Rail business area disposed of – selling price approximately SEK 2 billion

- Earnings after financial items, including non-recurring items: SEK 856 million (660)

- Earnings after financial items in remaining operations: SEK 449 million (493)

- Cash flow remained good

- The Board of Directors proposes a regular dividend of SEK 8.00 (8.00) per share and an extra dividend of SEK 32.00 per share

About Us

Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. Operations are pursued in the Group’s divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors. With sales of almost SEK 10 billion and more than 6,000 employees worldwide, Cardo delivers solutions that help to solve some the toughest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.

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