Sharp increase in Gunnebo's profit - earnings forecast raised

Sharp increase in Gunnebo's profit - earnings forecast raised The Gunnebo Group's consolidated income after financial net for 1999 as a whole has been estimated in earlier forecasts at a level at least equal to the previous year's MSEK 206. The business developed very strongly in the fourth quarter of 1999, particularly at Gunnebo Asset Protection and Fichet-Bauche. Preliminary results after financial net for 1999 is now expected to amount to MSEK 260. This figure includes capital gains of MSEK 30 on the divestment of the lock and door operations in France, a transaction that will also reduce the goodwill at Group level by MSEK 200. The year-end communiqué will be published on February 11th 2000. For more information, please contact: Bjarne Holmqvist, President and C.E.O., Gunnebo AB, tel. +46 31 83 68 00 or +46 708 40 03 70, or Lennart Gustavsson, Vice Senior President, Finance, tel. +46 31 83 68 00 or +46 705 93 40 80. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/01/27/20040127BIT00050/wkr0001.doc http://www.waymaker.net/bitonline/2004/01/27/20040127BIT00050/wkr0002.pdf