Interim Report | Financials | 19 Aug, 2010 | 11:40 | Regulatory
Interim report, January – June 2010
- Net sales MSEK 1,166 (1,233)
- Net sales, excluding exchange rate differences MSEK 1,208 (1,233)
- Operating profit MSEK 40.4 (59.2)
- Income after taxes MSEK 28.2 (40.5)
- Earnings per share SEK 2.24 (3.21)
- Order intake MSEK 1,257 (1,356)
- Order intake, excluding exchange rate differences MSEK 1,302 (1,356
Comments by CEO Johan Hjertonsson
- Lower-than-expected sales, primarily in the Nordic countries
- Recovery within the business area Retail Lighting
- Increased activity within the construction sector
- Revenue during the second quarter after currency adjustments are level with the previous year
- Lower cost level for the Group. The fixed costs are reduced by MSEK 25 on a full-year basis.
- Global shortage of electronic components impacts the Group’s productivity negatively.