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Print this releaseRelease, April 30, 2003
ELEKTROBIT GROUP PLC.'S FIRST QUARTER 2003
(unaudited)
Operating profit was significantly better in comparison to the first quarter of 2002 and corresponded to the level of the last quarter of 2002.
Comparisons between the period from January to March 2003 and the pro forma figures of the corresponding period a year earlier:
- Net sales 35.4 million euro (30.8 million euro in the first quarter of 2002, representing an increase of 4.6 million euro or 14.9%). The net sales for Contract R&D and Automation Solutions business units remained at the level of the first quarter of 2002. Net sales in the Test business unit increased.
- Operating profit 3.6 million euro (-4.1 million euro, an increase of 7.7 million euro in comparison with the first quarter of 2002)
- Equity ratio 54.8% (43,1%)
- Net sales 35.4 million euro (30.8 million euro in the first quarter of 2002, representing an increase of 4.6 million euro or 14.9%). The net sales for Contract R&D and Automation Solutions business units remained at the level of the first quarter of 2002. Net sales in the Test business unit increased.
- Operating profit 3.6 million euro (-4.1 million euro, an increase of 7.7 million euro in comparison with the first quarter of 2002)
- Equity ratio 54.8% (43,1%)
The figures presented in this interim report are compared with the pro forma figures for 2002. The pro forma accounting principles applied in 2002 are described later in this report.
In Oulunsalo
April 30, 2003
Elektrobit Group Plc.
The Board of Directors
Further Information:
Edvard Krogius
Director, Investor Relations
Elektrobit Group Plc.
Tel. +358 40 551 3388
Juha Sipilä
CEO
Elektrobit Group Plc.
Tel. +358 400 284 744
Seppo Laine
CFO
Elektrobit Group Plc.
Tel. +358 40 344 2250
Distribution:
Helsinki Stock Exchanges
Main media offices