Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

OM Interim Report January - March 2003

Date 16/04/2003

  • Revenue amounted to SEK 612 m (703)
  • Income before depreciation totaled SEK 97 m (119)
  • Income after financial items was SEK 11 m (26)
  • Earnings per share at SEK 0.09 (0.23)
  • Markets remain weak
  • 2002 cost-efficiency program completed according to plan
  • New organization implemented
CEO'S COMMENTS:

"We have now concluded the cost-reduction programs we implemented last year according to plan. At the same time, it is discouraging to see how our revenues have continued to be affected negatively by a weak demand on our most important markets during the quarter. We will continue to focus on enhancing operational efficiency," says Per E. Larsson, president and CEO.

Please click here for OM AB's Interim Report January - March 2003.