Interim Report Q1 2012 Results Presentation

Highlights of the first quarter of 2012

  • Net sales amounted to SEK 25,875m (23,436) and income for the period was SEK 559m (457), or SEK 1.96 (1.61) per share.
  • Net sales improved by 10.4%, of which 3.5% was organic growth.
  • The acquisitions of CTI and Olympic Group impacted sales by 5.8%.
  • Strong organic growth, especially in emerging markets, contributed to the positive development of net sales.
  • Increased volumes in Europe due to market-share gain in the built-in seg­ment.
  • Operating income improved to SEK 943m (696).
  • Higher sales prices in North America had a positive impact on operating income.
  • Higher costs for raw materials continued to impact earnings negatively, but to a lesser extent than in previous quarters.