Interim Report | Financials | 21 Aug, 2014 | 11:39 | Regulatory
Interim Report January - June 2014
Comments by CEO Johan Hjertonsson:
- A strong second quarter with high growth and an 85 per cent improvement in our operating profit.
- Our strong offering in LED lighting solutions has increased the Group’s market shares over the past four quarters.
- The share of LED solutions was 38 per cent during the three-month period and LED investments have been further accelerated.
- At the beginning of the second quarter the order backlog had increased by over MSEK 100 year on year, excluding acquired units.
- Cash flow was strong, as growth has been achieved with a low level of capital tied up.