Second quarter 1999

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Half Year Report 1999

Prices stabilised during the second quarter.
Sharp drop in prices towards the end of last year and at the beginning of this year resulted, however, in profit after financial items during the first half of the year declining by SEK 919 million to SEK 347 (1,266) million.
Operating profit during the second quarter improved by SEK 140 million compared with the first quarter as a result of improved margins and higher volumes.
Cash flow improved to SEK 454 (206) million.

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