Enea Data: Preliminary Report on 2003 Earnings


TABY, Sweden, Feb. 6, 2004 (PRIMEZONE) -- Enea Data:

- Net sales for the year amounted to SEK 549 (684) million, down 20 percent year on year.

- Loss after tax for the year amounted to SEK 42 (312) million.

- Earnings per share for the year amounted to SEK -0.11 (-1.75).

- Comparable operating costs for the year amounted to SEK 604 (910) million, a 34 percent decrease. In addition, the company recorded an asset impairment charge for the quarter of SEK 15 million, related to the write-down of goodwill for Enea Epact. As previously announced, the dissolution of a reserve fund for a lease in the United States boosted earnings for the quarter by SEK 26 million.

- Operating profit for the quarter excluding non-comparable items amounted to SEK 1 (-52) million.

- Johan Wall named CEO of Enea Data AB starting March 29


For more information, please contact:
Ola Berglund CEO, Enea Data
 +46 (0)-507 140 00
ola.berglund@enea.se

Gunilla Spongh CFO, Enea Data
+46 (0)-507 140 00
gunilla.spongh@enea.se

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/02/06/20040206BIT00090/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2004/02/06/20040206BIT00090/wkr0002.pdf

The full report