AXIS Year-end Report 2002

Sharply improved profitability in weak market

- Group net sales for comparable units during fiscal year 2002 amounted to SEK 670 M (676).

- Operating profit for comparable units improved by SEK 123 M to SEK 40 M (loss: 83).

- Video sales increased by 26% and is now the single largest product segment.

- The Board of Directors proposes a dividend of SEK 0.15 per share.

The full report including tables can be downloaded from the following link.
Year-end Report 2002

Further information is available from:
The CEO, Peter Ragnarsson, tel: +46-46 272 18 00, the CFO, Jörgen Lindquist,
tel: +46-708 90 18 08, or Anne Rhenman, Director, Investor Relations & Corporate Communications, tel: +46-708 90 18 29, e-mail: anne.rhenman@axis.com

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