Consolidated Results, 2002

CONSOLIDATED RESULTS, 2002 Amounts in SEKm, unless Fourth Fourth otherwise stated quarter quarter 2002 2001 Change 2002 2001 Change Net sales 133,150 135,8 -2.0% 30,586 31,881 -4.1% 03 Operating income 7,731 6,281 23% -563 -49 N/A Operating income, excl. items 8,165 6,422 27% 1,781 1,449 23% affecting comparability1) Margin, % 6.1 4.7 5.8 4.5 Income after financial 7,545 5,215 45% -559 -238 N/A items Net income per share, 15.60 11.35 37% -2.80 -0.85 N/A SEK Net income per share, excl. items 16.90 11.10 52% 3.80 2.80 34% affecting comparability, SEK1) Return on equity, % 17.2 13.2 Return on net assets, % 22.1 15.0 Value creation 3,461 262 3,199 741 33 708 1) Items affecting comparability amounted to SEK -434m (-141) for the full year and SEK -2,344m (-1,498) in the fourth quarter. · Major part of improvement in operating income refers to Consumer Durables in North America · Consumer Durables in Europe continues to show higher income and margin · Marked decline in income for Consumer Durables in Rest of the world · Strong improvement in operating cash flow and net debt/equity ratio · Board proposes an increase of dividend to SEK 6.00 (4.50) · · Board proposes new share repurchase program and cancellation of previously repurchased shares ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/20/20030212BIT00130/wkr0001.doc The full year-end report http://www.waymaker.net/bitonline/2003/02/20/20030212BIT00130/wkr0002.pdf The full year-end report