Interim report january- june 2001

INTERIM REPORT JANUARY - JUNE 2001 Order bookings continue to show a positive trend, increasing by 24 percent during the second quarter and by 14 percent during the first six months of the year, compared with the corresponding period in 2000. Demand for Svedala's products is stable in Europe and rising in South America and Asia, while North America reports declining volumes in several product areas. Cash flow from ongoing operations was positive during the first six months, amounting to SEK 515 M. Operating profit for the first six months of the year was SEK 154 M (317). The decrease compared with the year-earlier period was mainly attributable to the weak business trend in the US, combined with increased organizational stress due to the protracted examination process by the competition authorities resulting from Metso's offer to the Svedala shareholders. The operating profit for the entire year 2001, before restructuring costs, was after the first quarter expected to be in line with 1999. Based on the factors above, operating profit for full-year 2001 is now forecast to be in the region of SEK 500 M. Malmö, August 10, 2001 Alf Göransson President and CEO ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/08/10/20010810BIT00380/bit0002.doc The full report http://www.waymaker.net/bitonline/2001/08/10/20010810BIT00380/bit0002.pdf The full report