Interim Report Q2 2015 – Presentation

Highlights of the second quarter of 2015

  • Net sales increased to SEK 31,355m (26,330).
  • Sales increased by 19.1%, of which 7.0% was organic sales growth, 0.1% acquisitions and 12.0% currency translation.
  • Organic sales growth across all business areas.
  • Major Appliances EMEA continued to show strong improvement in earnings.
  • Sequential improvement of results for Major Appliances North America.
  • Good development for Professional Products and Major Appliances Asia/Pacific.
  • Strong cash flow of SEK 3.1 billion.
  • Operating income amounted to SEK 921m (63), corresponding to a margin of 2.9% (0.2).
  • Income for the period was SEK 608m (-92), and earnings per share was SEK 2.12 (-0.32).