Annual Report 2009 2 Financial review
 

Consumer Durables, Europe

Consumer Durables, Europe    
SEKm1) 2009 2008
Net sales 42,300 44,342
Operating income 2,188 –22
Operating margin, %  5.2 0.0
Net assets 7,651 7,448
Return on net assets, % 30.2 –0.2
Capital expenditure 1,187 1,569
Average number of employees 22,154 24,777
     
1) Excluding items affecting comparability.    
     
Non-recurring items    
SEKm 2009 2008
Cost-reduction measures due to sharp decline in demand –800
Cost-cutting program, appliances Europe –360
Cost for a component problem for dishwashers, appliances Europe –120
Capital gain, real estate, appliances Europe 130
Total –1,150

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