Half Year Report 2004

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Half Year Report 2004 · Sales during the first half of the year increased by 16% and amounted to SEK 12,053 (10,378) million. Profit after tax increased to SEK 1,170 (543) million, equal to earnings per share of SEK 11.60 (5.40). · Profit after financial items for the second quarter increased by SEK 596 million to SEK 962 (366) million. Thus, during the first half of the year profit after financial items has increased by SEK 905 million to SEK 1,685 (780) million. · Deliveries of extra and ultra high-strength sheet and quenched steels during the second quarter were 35% higher than last year and so far this year have increased by 32%. During the first half of the year, the niche products, high-strength sheet and quenched steels, accounted for 50% of the delivery volumes in the steel operations. · Cash flow for the first half of the year amounted to SEK 900 (37) million. Stockholm , 19 July 2004 Anders Ullberg ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/07/19/20040719BIT00120/wkr0001.pdf The full report

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