Interim Report | Financials | 24 Apr, 2014 | 14:06 | Regulatory
Interim Report January - March 2014
Comments by CEO Johan Hjertonsson:
- The Group’s best Q1 for orders received, sales and operating profit.
- The Group has increased the market shares in several important markets
- We have increased the order book by almost MSEK 100.
- The quarter includes two large orders in the UK amounting to MSEK 60, of which fifty percent has been invoiced in the first quarter.
- Retained strong gross margins.
- The share of LED solutions amounted to approximately 30 % during the quarter.
- We are of the opinion that the market will continue to improve during the year, but the upturn may be drawn out and will vary between markets.
- The acquisition of Arlight was completed in February but has not had any impact of profit for the quarter, as acquisition costs negate the operating profit.