Interim Report | Financials | 22 Oct, 2015 | 11:10 | Regulatory
Interim Report January - September 2015
· Order intake amounted to SEK 3,015.3 million (2,864.5), which was in line with last year, adjusted for currency effects and acquired units.
· Net sales amounted to SEK 2,876.3 million (2,804.6), down 3% adjusted for currency effects and acquired units.
· Operating profit totalled SEK 287.5 million (292.1), and the operating margin was 10.0% (10.4).
· Profit after tax amounted to SEK 203.3 million (194.1)
· Earnings per share were SEK 5.37 (5.13).
· Cash flow from operating activities was SEK 217.9 million (191.6).
Comments by CEO Johan Hjertonsson:
- Order intake remained strong during the quarter, amounting to SEK 948.5 million (912.7).
- The Group’s best-ever quarter with operating profit of SEK 126.6 million (122.5) and sales amounting to SEK 1,011.8 million (974.8).
- Improved cash flow from operating activities.
- During the quarter, market growth remained favourable in the UK, and stable throughout the Nordic countries and most of the Euro zone.
- The acquisition of the assets of Lighting Innovations in South Africa was completed.
- Sales growth in LED lighting remained favourable.