publication interim results 2003

Aalberts improves net profit by 24%

highlights

• strong increase in net profit despite persistent market weakness
• further improvement in cash flow from operations
• strengthening of several market positions: stainless steel products (Flow Control) and high-precision stamping products for the French market Material Technology in Scandinavia
• continued gains in market share in specific markets
• substantially lower exports to Middle East due to tensions in the region
• successful integration of Yorkshire Fittings