Interim Report | Financials | 3 Feb, 2010 | 11:49 | Regulatory
Year - End Report 2009
Comments from the Group CEO Johan Hjertonsson:
• The weak business cycle has continued during the fourth quarter, however, demand has stabilized.
• Order intake, adjusted for comparable operations is 5 % lower than in the previous year.
• The Business Area Retail Lighting was impacted the most by the downturn in the economy.
• The close-down of the factories in Borås and Falkenberg is going
Comments from the Group CEO Johan Hjertonsson: • The weak business cycle has continued during the fourth quarter, however, demand has stabilized. • Order intake, adjusted for comparable operations is 5 % lower than in the previous year. • The Business Area Retail Lighting was impacted the most by the downturn in the economy. • The close-down of the factories in Borås and Falkenberg is going according to plan and will be completed during the first quarter of 2010. • Strong cash flow from operating activities, MSEK 215.