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February 18, 1999 | Annual Financial Statement
Full Year Report 1998

Full Year Report 1998 * Invoicing increased 93% (15% excluding acquisitions)to 4.8 BSEK * Operating earnings increased 58% to 361 MSEK * Earnings before tax increased 37% to 297 MSEK * Substantial profit contribution from the Midland-Grau acquisition * Earnings per share increased to SEK 8:92 (7:38) * Dividend proposal SEK 3:00 (2:63) * Market introduction of disc brake and AWD systems in serial production ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/02/18/19990218BIT00370/bit0001.doc http://www.bit.se/bitonline/1999/02/18/19990218BIT00370/bit0002.pdf