OM Interim Report January - March 2003

OM Interim Report January - March 2003 · Revenue amounted to SEK 612 m (703) · Income before depreciation totaled SEK 97 m (119) · Income after financial items was SEK 11 m (26) · Earnings per share at SEK 0.09 (0.23) · Markets remain weak · 2002 cost-efficiency program completed according to plan · New organization implemented CEO's COMMENTS: "We have now concluded the cost-reduction programs we implemented last year according to plan. At the same time, it is discouraging to see how our revenues have continued to be affected negatively by a weak demand on our most important markets during the quarter. We will continue to focus on enhancing operational efficiency," says Per E. Larsson, president and CEO. Enclosed you will find OM AB's Interim Report January - March 2003. The report is also available on www.om.com. For further information or comments, please contact Per E. Larsson, President and CEO +46 8 405 66 19 Per Nordberg, CFO +46 8 405 77 22 Jakob Håkanson, VP Investor Relations +46 8 405 60 42 Anna Eriksson, VP Brand and Communications +46 8 405 66 12 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/16/20030416BIT00020/wkr0001.pdf The full report