Highlights of the first quarter of 2016
- Net sales amounted to SEK 28,114m (29,087).
- Organic sales growth was 1.8% and acquired growth was 0.1%, while currency translation had a negative impact of -5.2% on net sales.
- Improved results across most business areas.
- Strong results for Major Appliances EMEA and Professional Products.
- Continued recovery for Major Appliances North America.
- Operating income increased to SEK 1,268m (516), corresponding to a margin of 4.5% (1.8).
- Income for the period was SEK 875m (339), and earnings per share was SEK 3.04 (1.18).