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Interim Report | Financials | 15 Feb, 2013 | 10:12 | Regulatory


Comments by CEO Johan Hjertonsson:

  • Increased sales compared with the previous year
  • The weak economic climate seen within Retail Lighting, resulted in a lower level of orders received and in a lower operating margin than in the previous year
  • Increasingly clear signs of a downward trend in Indoor Lighting during the fourth quarter
  • Continued focus on adapting cost levels, but product development investments continue
  • Good cash flow during the year
  • The strong Swedish krona impacted profit negatively