OMHEX - Financial Statement 2003

2003 - A year of restructuring and integration

Revenue amounted to SEK 2 686 m (2 640)
Operating income excluding items affecting comparability was SEK 113 m (108)
Items affecting comparability of SEK -562 m (-132) includes restructuring costs of SEK 662 m and a capital gain of SEK 100 m
Loss after financial items was SEK 472 m (-56)
Loss after tax was SEK 431 m (-71)
Earnings per share at SEK -4.33 (-0.85)
Board of directors proposes dividend of SEK 0 (1) per share
Merger of OM and HEX
Cost-efficiency program carried out according to plan
Weak markets for both OM Technology and HEX Integrated Markets during the year

Fourth quarter 2003 - Slight increase in market activity

Revenue totaled SEK 750 m (644)
Operating income excluding items affecting comparability was SEK 57m (19)
Items affecting comparability at SEK -38 m (-75), relating to write-downs and closures
Income after financial items was SEK 10 m (-67)
Income after tax was SEK 10 m (-69)
Earnings per share at SEK 0.08 (-0.82)
Strategically important order from Singapore Exchange
Slight increase in market activity in both divisions during the quarter
Cost-efficiency program completed, full effect at the end of the first quarter 2004

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