Interim Report | Financials | 14 Aug, 2009 | 08:30 | Regulatory
Interim Report January - June 2009
Comments from the Group CEO Johan Hjertonsson
• Continued weak business cycle during the first half of 2009.
• Order intake, adjusted for comparable operations is only 2 % lower than in the previous year.
• Several break-through orders in the United Arab Emirates.
• The acquisition of the Belgian lighting company, Waco, was completed after the end of the reporting period.
• A review of the
Comments from the Group CEO Johan Hjertonsson • Continued weak business cycle during the first half of 2009. • Order intake, adjusted for comparable operations is only 2 % lower than in the previous year. • Several break-through orders in the United Arab Emirates. • The acquisition of the Belgian lighting company, Waco, was completed after the end of the reporting period. • A review of the Group’s cost structure is in progress