STOCKHOLM, Sweden, Feb. 6, 2003 (PRIMEZONE) -- ASSA ABLOY (Other OTC:ASAZF) (Stockholm:ASSAb):
-- Sales increased 3% for the quarter, 12% in local currencies,
2% organic growth
-- Income before tax increased 17% for the quarter and 23% for the
full-year
-- Operating margin, EBITA, was 14.6% for the quarter
-- Strong operating cash flow of SEK 994 M for the quarter and
SEK 3,525 M for the full-year
-- Successful integration of Besam -- many collaborative projects
initiated
Further information can be obtained from:
Carl-Henric Svanberg, President and CEO
tel: +46 8 506 485 52
Goran Jansson, Chief Financial Officer
tel: +46 8 506 485 72
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The following files are available for download:
www.waymaker.net/bitonline/2003/02/06/20030206BIT00270/wkr0001.doc
The full report
www.waymaker.net/bitonline/2003/02/06/20030206BIT00270/wkr0002.pdf
The full report