Highlights of the first quarter of 2017
- Net sales amounted to SEK 28,883m (28,114).
- Organic sales declined by 3%, while currency translation had a positive impact of 6% on net sales.
- Operating income increased to SEK 1,536m (1,268), corresponding to a margin of 5.3% (4.5).
- Improved results across all business areas.
- Continued good profitability for Major Appliances EMEA, Major Appliances North America, Major Appliances Asia/Pacific and Professional Products.
- Operating income for Major Appliances Latin America and Home Care & SDA recovered.
- Income for the period increased to SEK 1,083m (875), and earnings per share was SEK 3.77 (3.04).