Interim report for January-June 2003

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Interim report for January-June 2003 · Income was up by 30 per cent, mainly as a result of high electricity prices. · Profit rose by 16 per cent to MSEK 453. · Excluding non-recurring items of MSEK 25 that were included in the year-earlier figure, profit improved by 24 per cent. · Profit corresponded to earnings per share of SEK 4.80 (4.20). · High electricity prices and stronger margins in electricity sales compensated for the low production of hydropower. · District heating operations in Nordmaling were sold to Sydkraft Värme AB. Sollefteå, 22 August 2003 Lars Enslöf Managing Director & CEO Graninge AB (publ) Graninge AB (publ) Box 733 SE-881 86 Sollefteå SE-182 17 Danderyd Telephone +46 620 838 00 Telephone +46 8 753 50 00 Fax +46 620 838 99 Fax +46 8 753 50 99 www.graninge.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/2003/08/22/20030822BIT00210/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/08/22/20030822BIT00210/wkr0002.pdf The full report