Year-end Report 2004

- Invoiced sales amounted to SEK 1,319 M (1,042), up 27%. - Approximately half of the SEK 277 M increase in sales was attributable to customers in the telecom equipment segment, with other market segments accounting for the remainder. - Profit after financial items rose 88% to SEK 122 M (65). - Profit after tax doubled to SEK 90 M (46). - Earnings per share amounted to SEK 13.01 (6.72). - Financial position remains strong. Equity/assets ratio amounted to 53.3% (48.0). - Packaging company in Belgium acquired. - Decision to restructure European production and establish a production unit in Slovakia. - Ordinary dividend of SEK 3.60 per share (3.00) is proposed. In addition, an extraordinary dividend of SEK 3.60 per share is proposed. The combined dividend amounts to SEK 7.20 per share, totaling SEK 49.7 M. - A 4-for-1 split of the Company’s shares is proposed.

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