Interim Report Q1 2016 – Presentation

Highlights of the first quarter of 2016

  • Net sales amounted to SEK 28,114m (29,087).
  • Organic sales growth was 1.8% and acquired growth was 0.1%, while currency translation had a negative impact of -5.2% on net sales.
  • Improved results across most business areas.
  • Strong results for Major Appliances EMEA and Professional Products.
  • Continued recovery for Major Appliances North America.
  • Operating income increased to SEK 1,268m (516), corresponding to a margin of 4.5% (1.8).
  • Income for the period was SEK 875m (339), and earnings per share was SEK 3.04 (1.18).