Trio's preliminary year end report for 2002

Trio's preliminary year end report for 2002 - Net sales came to SEK 38.3 million (SEK 54.0 m) in Q4 and to SEK 142.6 million (SEK 165.2 m) in 2002. The loss prior to goodwill amortisation was SEK -1.9 million (SEK 0.6 m) in Q4 and SEK -40.7 million (SEK -24.6 m) in 2002. The net loss in Q4 was SEK -3.1 million (SEK 0.5 m), while the figure for 2002 was SEK -48.7 million (SEK -25.0 m) - The operations at Trio PresentOffice and Objecta TeleVoice during Q4 have confirmed the fact that there has been a turn-around - Crucial key orders were received and Trio Mobile Office is reporting continued growth during Q4 - The action programme was completed according to plan during Q4, cutting costs by SEK 25 million on an annual basis and lowering the break-even level for the Group to approximately SEK 150 million in net sales - Trio continued to strengthen its position as a market-leading supplier of mobile office solutions to mobile operators in the Nordic countries during 2002. Supplementary orders worth SEK 10.4 million were signed in Q4 with Telenor Mobil and Sonera with a view to meeting the strong demand in the Norwegian and Finnish markets respectively ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/13/20030213BIT01100/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/02/13/20030213BIT01100/wkr0002.pdf The full report