Third quarter 1998

Report for the first three quarters of 1998

Increased supply of steels in Western Europe, puts pressure on steel prices.
During the first three quarters, profit after financial items declined by SEK 53 million to SEK 1,199 (1,252) million.
For the entire year, it is anticipated that, the profit after financial items declines by just over 20% compared with 1997.
The redemption programme, that in June led to redemption of 15.9 million shares for a total of SEK 3,305 million, was completed during October