Dimension AB (publ) Year-end report 2001

Dimension AB (publ) Year-end report 2001 Financial summary of the full-year 2001 · Net sales amounted to SEK 1,172.7 million (1,474.7). · The operating loss before restructuring expenses amounted to SEK -9.4 million (137.1). · The loss after financial items was SEK -18.0 million (138.1). · Positive cash flow from operating activities before tax of SEK 8.8 million (27.7). · The loss per share amounted to SEK -0.59 (3.72). · The action program completed in the third quarter created cost savings of approximately SEK 65 million on an annual basis. · The Board of Directors is proposing that no dividend be paid for the fiscal year. Financial summary of the fourth quarter 2001 · Net sales amounted to SEK 274.5 million (513.8) and the loss after financial items amounted to SEK -18.7 million (60.3). · Cash flow from operating activities before tax further improved to SEK 11.4 million (50.2) in the fourth quarter. · In December there was a noticeable increase in activity from clients and order bookings improved. Highlights during the year · The Dimension share was listed on the Stockholm Exchange's O- list on February 20. · Geographical expansion through acquisitions and creation of new operations in Latvia, Lithuania, Denmark and Finland. · Strengthening of product offerings in IT security and system management through cooperation agreements with leading suppliers and acquisitions of the consulting firms Netstone and NetAssist International. · Next Nordic signed a three-year agreement as a systems supplier to Ericsson Radio Systems. · Strengthening of Next Nordic's product offering in IT security. · Success in the Baltic market with several major transactions. · Three-year framework agreement signed with Capio on IT infrastructure, project management and consulting services valued at approximately SEK 100 million. · A new subsidiary, Dimension Telecom, is formed to strengthen the Group's position as a supplier of infrastructure solutions for telecom operators' service networks. · Dimension issues an offer to acquire Kipling, a publicly listed telecom consulting firm. The acquisition is a key element in the efforts within Dimension Telecom. Highlights following the conclusion of the year · At the conclusion of the acceptance period, Dimension controls 95 percent of the capital and votes in Kipling. Dimension has applied to de-list the Kipling share and will consolidate the company in the Group as of February 25. · Several strategically important transactions in data storage, operations and infrastructure for mobile Internet services. · Major agreement in the Baltic market on infrastructure for the mobile Internet. Annual General Meeting and financial information schedule The Annual General Meeting will be held at 4:00 p.m. on April 22 at Berns, Berzelii Park, Stockholm. The notice of the Annual General Meeting will be published in Dagens Nyheter and Post och Inrikes Tidningar (the Official Swedish Gazette) on Monday, March 25, at which time it will also be made available on Dimension's home page, www.dimension.se. Dimension will publish the following financial reports in 2002: The interim report for January-March will be released on April 22 The interim report for January-June will be released on August 15 The interim report for January-September will be released on October 25 The year-end report for 2002 will be released on February 19, 2003 Financial reports and other company information are available online at www.dimension.se The complete annual report for 2001 will be available to shareholders at Dimension's head office in Bromma as of April 5, at which time the printed annual report will also be mailed to shareholders. Stockholm, February 19, 2002 The Board of Directors of Dimension AB (publ) For further information, please contact Sven Uthorn, Managing Director, phone + 46 8 5058 3003, e-mail: sven.uthorn@dimension.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/02/19/20020219BIT00130/bit0001.doc The full year-end report http://www.waymaker.net/bitonline/2002/02/19/20020219BIT00130/bit0001.pdf The full year-end report