Net sales and income |
|
|
|
|
|
|
SEKm |
|
Q1 |
Q2 |
Q3 |
Q4 |
Full year |
Net sales |
2011 |
23,436 |
24,143 |
25,650 |
28,369 |
101,598 |
|
2010 |
25,133 |
27,311 |
26,326 |
27,556 |
106,326 |
Operating income |
2011 |
696 |
745 |
1,064 |
512 |
3,017 |
|
Margin, % |
3.0 |
3.1 |
4.1 |
1.8 |
3.0 |
|
20111) |
696 |
745 |
1,098 |
616 |
3,155 |
|
Margin, % |
3.0 |
3.1 |
4.3 |
2.2 |
3.1 |
|
2010 |
1,231 |
1,270 |
1,977 |
952 |
5,430 |
|
Margin, % |
4.9 |
4.7 |
7.5 |
3.5 |
5.1 |
|
20101) |
1,326 |
1,477 |
1,977 |
1,714 |
6,494 |
|
Margin, % |
5.3 |
5.4 |
7.5 |
6.2 |
6.1 |
Income after financial items |
2011 |
637 |
696 |
1,119 |
328 |
2,780 |
|
Margin, % |
2.7 |
2.9 |
4.4 |
1.2 |
2.7 |
|
20111) |
637 |
696 |
1,153 |
432 |
2,918 |
|
Margin, % |
2.7 |
2.9 |
4.5 |
1.5 |
2.9 |
|
2010 |
1,211 |
1,269 |
1,901 |
925 |
5,306 |
|
Margin, % |
4.8 |
4.6 |
7.2 |
3.4 |
5.0 |
|
20101) |
1,306 |
1,476 |
1,901 |
1,687 |
6,370 |
|
Margin, % |
5.2 |
5.4 |
7.2 |
6.1 |
6.0 |
Income for the period |
2011 |
457 |
561 |
825 |
221 |
2,064 |
|
2010 |
911 |
1,028 |
1,381 |
677 |
3,997 |
Earning per share2) |
2011 |
1.61 |
1.97 |
2.90 |
0.77 |
7.25 |
|
20111) |
1.61 |
1.97 |
2.96 |
1.01 |
7.55 |
|
2010 |
3.20 |
3.61 |
4.85 |
2.38 |
14.04 |
|
20101) |
3.45 |
4.12 |
4.85 |
4.23 |
16.65 |
|
|
|
|
|
|
|
1) Excluding items affecting comparability. |
2) Before dilution, based on average number of shares after buy-backs. |
|
|
|
|
|
|
|
Number of shares before dilution |
|
|
|
|
|
|
Number of shares after buy-backs, million |
2011 |
284.7 |
284.7 |
284.7 |
284.7 |
284.7 |
|
2010 |
284.5 |
284.7 |
284.7 |
284.7 |
284.7 |
Average number of shares after buy-backs, million |
2011 |
284.7 |
284.7 |
284.7 |
284.7 |
284.7 |
|
2010 |
284.5 |
284.6 |
284.7 |
284.7 |
284.6 |
|
|
|
|
|
|
|
Items affecting comparability |
|
|
|
|
|
|
Restructuring provisions, write-downs and capital gains/losses |
2011 |
— |
— |
–34 |
–104 |
–138 |
|
2010 |
–95 |
–207 |
— |
–762 |
–1,064 |
|
|
|
|
|
|
|
Net sales, by business area1) |
|
|
|
|
|
|
SEKm |
|
Q1 |
Q2 |
Q3 |
Q4 |
Full year |
Major Appliances Europe, Middle East and Africa |
2011 |
7,656 |
7,660 |
8,964 |
9,749 |
34,029 |
|
2010 |
8,921 |
8,603 |
9,395 |
9,677 |
36,596 |
Major Appliances North America |
2011 |
6,728 |
7,544 |
7,122 |
6,271 |
27,665 |
|
2010 |
7,305 |
9,308 |
7,604 |
6,752 |
30,969 |
Major Appliances Latin America |
2011 |
3,998 |
3,708 |
4,101 |
6,003 |
17,810 |
|
2010 |
3,796 |
3,667 |
3,810 |
4,987 |
16,260 |
Major Appliances Asia/Pacific |
2011 |
1,746 |
1,945 |
1,981 |
2,180 |
7,852 |
|
2010 |
1,666 |
2,035 |
1,909 |
2,069 |
7,679 |
Small Appliances |
2011 |
1,930 |
1,794 |
2,056 |
2,579 |
8,359 |
|
2010 |
1,936 |
1,966 |
2,106 |
2,414 |
8,422 |
Professional Products |
2011 |
1,378 |
1,491 |
1,426 |
1,587 |
5,882 |
|
2010 |
1,501 |
1,730 |
1,501 |
1,657 |
6,389 |
|
|
|
|
|
|
|
Operating income, by business area1) |
|
|
|
|
|
|
SEKm |
|
Q1 |
Q2 |
Q3 |
Q4 |
Full year |
Major Appliances Europe Middle East and Africa |
2011 |
311 |
156 |
444 |
–202 |
709 |
|
Margin, % |
4.1 |
2.0 |
5.0 |
–2.1 |
2.1 |
|
2010 |
499 |
453 |
898 |
447 |
2,297 |
|
Margin, % |
5.6 |
5.3 |
9.6 |
4.6 |
6.3 |
Major Appliances North America |
2011 |
–71 |
138 |
107 |
76 |
250 |
|
Margin, % |
–1.1 |
1.8 |
1.5 |
1.2 |
0.9 |
|
2010 |
299 |
439 |
413 |
291 |
1,442 |
|
Margin, % |
4.1 |
4.7 |
5.4 |
4.3 |
4.7 |
Major Appliances Latin America |
2011 |
139 |
114 |
222 |
345 |
820 |
|
Margin, % |
3.5 |
3.1 |
5.4 |
5.7 |
4.6 |
|
2010 |
206 |
209 |
199 |
337 |
951 |
|
Margin, % |
5.4 |
5.7 |
5.2 |
6.8 |
5.8 |
Major Appliances Asia/Pacific |
2011 |
174 |
177 |
172 |
213 |
736 |
|
Margin, % |
10.0 |
9.1 |
8.7 |
9.8 |
9.4 |
|
2010 |
145 |
207 |
241 |
200 |
793 |
|
Margin, % |
8.7 |
10.2 |
12.6 |
9.7 |
10.3 |
Small Appliances |
2011 |
114 |
23 |
169 |
237 |
543 |
|
Margin, % |
5.9 |
1.3 |
8.2 |
9.2 |
6.5 |
|
2010 |
211 |
122 |
198 |
271 |
802 |
|
Margin, % |
10.9 |
6.2 |
9.4 |
11.2 |
9.5 |
Professional Products |
2011 |
177 |
274 |
199 |
191 |
841 |
|
Margin, % |
12.8 |
18.4 |
14.0 |
12.0 |
14.3 |
|
2010 |
91 |
207 |
202 |
243 |
743 |
|
Margin, % |
6.1 |
12.0 |
13.5 |
14.7 |
11.6 |
Common Group costs, etc. |
2011 |
–148 |
–137 |
–215 |
–244 |
–744 |
|
2010 |
–125 |
–160 |
–174 |
–75 |
–534 |
Total Group, excluding items affecting comparability |
2011 |
696 |
745 |
1,098 |
616 |
3,155 |
|
Margin, % |
3.0 |
3.1 |
4.3 |
2.2 |
3.1 |
|
2010 |
1,326 |
1,477 |
1,977 |
1,714 |
6,494 |
|
Margin, % |
5.3 |
5.4 |
7.5 |
6.2 |
6.1 |
Items affecting comparability |
2011 |
— |
— |
–34 |
–104 |
–138 |
|
2010 |
–95 |
–207 |
— |
–762 |
–1,064 |
Total Group, including items affecting comparability |
2011 |
696 |
745 |
1,064 |
512 |
3,017 |
|
Margin, % |
3.0 |
3.1 |
4.1 |
1.8 |
3.0 |
|
2010 |
1,231 |
1,270 |
1,977 |
952 |
5,430 |
|
Margin, % |
4.9 |
4.7 |
7.5 |
3.5 |
5.1 |
|
|
|
|
|
|
|
1) Figures for 2010 have been restated according to the new reporting structure. |