Interim Report | Financials | 22 Oct, 2012 | 12:15 | Regulatory
Interim report, January – September 2012
- Orders received MSEK 2,385 (2,270). After adjustments for acquired operations and currency effects, orders received have increased by 4 % compared with the previous year
- Net sales MSEK 2,314 (2,221). After adjustments for acquired operations and currency effects, sales have increased by 3 %
- Operating profit MSEK 193.4 (230.8). Operating margin 8.3 % (10.4 %)
- Profit after tax MSEK 114.8 (140.8)
- Earnings per share SEK 9.10 (11.16)
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