Vattenfall's nine-month report 2003

- Net sales increased by 13 per cent to SEK 81,682 million (SEK 72,241 m)
- Operating profit increased by 28 per cent to SEK 11,131 million (SEK 8,668 m)*
- Net profit increased by 59 per cent to SEK 5,774 million (SEK 3,625 m)*
- Net debt was reduced by almost SEK 10 billion to SEK 65.6 billion (SEK 75.2 b)

* Excluding items affecting comparability

The report will be presented during a telephone conference with Vattenfall's CEO Lars G Josefsson and Vattenfall's CFO Matts Ekman at 10.00am. To participate in the telephone conference please dial +44 (0)20 7162 0180 shortly before 10.00.


For more information, please contact:
Klaus Aurich, Head of Investor Relations, telephone +46-8-739 65 14, mobile +46-70-539 65 14.
Martin May, Head of Group Media Realtions, telephone +46 (0)8 739 52 70, mobile +46 (0)70 539 52 70.

Vattenfall

Vattenfall’s vision is to be a leading European energy company. Vattenfall’s main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers...

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Vattenfall's nine-month report 2003