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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 flow during the quarter
  • Negative impact of currency effects
  • We estimate that we are increasing market share in all product areas