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INTERIM REPORT JAN-MARCH 2004

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* Net sales MSEK 1 042 +6%
* Income after tax MSEK 108 +15%
* Earnings per share SEK 3.20 (2.70)
* Income before tax MSEK 153 +17%
* Operating margin 15.5% (14.2)
* Equity/assets ratio 42% (38)

(For complete interim report see attached file)

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