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Interim Report | Financials | 21 Apr, 2015 | 14:35 | Regulatory

Interim Report January–March 2015

· The order intake was MSEK 976.1 (983.3), which is a decrease of 6 per cent adjusted for currency effects and acquired units · Net sales were MSEK 905.5 (885.5), which is a decrease of 5 per cent adjusted for currency effects and acquired units · The operating profit was MSEK 72.7 (75.4), representing an operating margin of 8.0 (8.5) per cent · Earnings after tax were MSEK 51.6 (49.5), an increase of 4 per cent · Earnings per share were SEK 1.36 (1.31) · Cash flow from operating activities was MSEK 56.5 (17.5)

Comments from CEO Johan Hjertonsson:

  • A stable quarter which consolidates the Group at the same high level as in the first quarter of 2014.
  • Cash flow and earnings per share were better than in the previous year.
  • The order intake, sales and operating profit continues at a good level.
  • The order backlog is at a satisfactory high level.
  • The LED share in the period was about 50 per cent.
  • Market growth over the period was good in the UK, stable in Scandinavia and lower in large parts of the eurozone.