Financial Report January - March 2004

Continued growth with positive cash flow - Net sales increased 63.5% to MSEK 286.1 (175.0) 1) - Operating income increased 63.8% to MSEK 23.1 (14.1) 2) - Earnings after tax totaled SEK 14.1 (8.2), yielding earnings per share of SEK 1.82 (1.07) - Positive cash flow after investments, MSEK 30.4 (0.2) - Extraordinary General Shareholders’ Meeting on March 15 strengthened the Board of Directors and adopted a resolution to execute a 20:1 stock split 1) Excluding units acquired during 2003, sales totaled MSEK 211.7 (175.0), which corresponds to roughly 21% growth for comparable units. 2) Excluding units acquired during 2003, operating income totaled MSEK 16.1 (14.1), which corresponds to an improvement of roughly 14% for comparable units.