Summarised Financial Statements 2003

Summarised Financial Statements 2003 · The Group's net sales amounted to SEK 3,317 million (3,249). - Earnings after net financial items totalled SEK 185 million (200). - Earnings after tax were SEK 141 million (152). - Earnings per share amounted to SEK 6.73 (7.23). · Tougher business climate, a stronger Swedish krona and rising energy costs affected Group earnings. · Keen competition is having negative effects on business area Oils & Fats. Continued productivity improvements and growing volumes of high value-added products are offsetting this impact. · Profit improvement and volume growth in business area Technical Products despite a sharp drop in glycerol prices in the last quarter of the year. · Acquisition of technical oils operations from Raisio and Aarhus United, and a global alliance with Quaker Chemical. - Continued volume growth for Feed Materials. Capacity-expanding investment delayed in the fourth quarter. · A dividend per share of SEK 3.50 is proposed, in line with last year. For further information, phone +46 (0)454-826 03 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/11/20040211BIT00840/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/02/11/20040211BIT00840/wkr0002.pdf The full report