After a period of major adjustments, we are heading towards a slightly more stable market with a more aligned cost structure The inventory reductions in the distribution chains are starting to have positive effects for manufacturers and we see an interest rate development that is favorable for all of the Group’s three business areas.
› SALES amounted to SEK 29,496 (34,993) million
› OPERATING PROFIT amounted to SEK 1,002 (5,381) million
› ADJUSTED OPERATING PROFIT was SEK 2,097 (5,381) million
› PROFIT AFTER NET FINANCIAL ITEMS amounted to SEK 111 (4,953) million
› ADJUSTED PROFIT AFTER NET FINANCIAL ITEMS was SEK 1,206 (4,953) million
› PROFIT AFTER TAX amounted to SEK -212 (3,817) million
› ADJUSTED PROFIT AFTER TAX was SEK 691 (3,817) million
› EARNINGS per share before and after dilution, based on the average number of shares outstanding during the period, amounted to SEK -0.10 (1.89)
› EARNINGS per share adjusted for items affecting comparability before and after dilution, based on the average number of shares outstanding during the period, amounted to SEK 0.34 (1.89)
› ACTION PLAN under way
For any questions, please contact:
Fredrik Erlandsson, Head of Corporate Communication and Investor relations +46 70 486 63 90
Hans Backman, CFO; +46 433-27 30 00