Teleca AB (publ) Interim Report, January - September 2003

Teleca AB (publ) Interim Report, January - September 2003 Disappointing Q3 - But markets are slowly improving · Sales increased 26% to SEK 1,838.0 M (1,457.8). Excluding acquisitions sales increased 14% · Earnings after tax SEK -8.6 M (26.2) · Earnings per share SEK -0.14 (0.46) · Operating profit (EBITA) SEK 106.8 M (141.3) · Q3 result was lower than expected mainly due to fixed price projects and restructuring costs · Obigo is performing well and international markets for Mobile Devices are strong · Utilisation in Q3 increased to 70.6% · New forecast for 2003: Significantly increased sales but lower profit compared with 2002 For further information, please contact: Nick Stammers, President and Chief Executive Officer, Teleca AB Mobile phone: +44-7768-32 35 35 e-mail: nick.stammers@teleca.com Thomas Pantzar, Executive Vice President, Teleca AB Tel: +46-31-744 80 10, mobile phone: +46-703-79 18 30 e-mail: thomas.pantzar@teleca.com Andreas Zartmann, Chief Financial Officer, Teleca AB Tel: +46-8-579 116 04, mobile phone: +46-702- 17 75 13 e-mail: andreas.zartmann@teleca.com Johannes Rudbeck, Investor Relations, Teleca AB Tel: +46-8-579 116 16, mobile +46-705-82 56 56 e-mail: johannes.rudbeck@teleca.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/21/20031021BIT00040/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/10/21/20031021BIT00040/wkr0002.pdf The full report