Interim Report | Financials | 22 Oct, 2012 | 12:15 | Regulatory
Interim report, January – September 2012
Comments by CEO Johan Hjertonsson:
Increased sales compared with the previous year
The effects of the financial downturn were felt, primarily, within Retail lighting, resulting in a lower level of orders received and a weaker operating margin than in the corresponding quarter during the previous year
Continued focus on adapting expenses but investments in product development continue
Good cash
Comments by CEO Johan Hjertonsson:
- Increased sales compared with the previous year
- The effects of the financial downturn were felt, primarily, within Retail lighting, resulting in a lower level of orders received and a weaker operating margin than in the corresponding quarter during the previous year
- Continued focus on adapting expenses but investments in product development continue
- Good cash flow during the quarter
- Negative impact of currency effects
- We estimate that we are increasing market share in all product areas