Consolidated Results 2014 – Presentation

Highlights of the fourth quarter of 2014

  • Net sales amounted to SEK 31,400m (28,891).
  • Sales increased by 8.7%, of which 2.0% was organic growth, 0.2% acquisitions and 6.5% currencies.
  • Strong improvement in operating income for Major Appliances EMEA, Latin America and Asia/Pacific.
  • New energy requirements and ramp up of a new production facility impacted earnings negatively for Major Appliances North America.
  • Operating income amounted to SEK 1,472m (1,223), corresponding to a margin of 4.7% (4.2).
  • Strong cash flow of SEK 1,844m (1,484).
  • Income for the period, including items affecting comparability, was SEK 970m (–987), and earnings per share was SEK 3.39 (–3.44).
  • The Board proposes a dividend for 2014 of SEK 6.50 (6.50) per share.