Q1 1 January-31 March 2013 Solid sales and profit despite a weak market Sales totaled SEK 10,868 M (10,839), with organic growth of -1%. Good growth in Americas and continued growth in Asia. EMEA and Entrance Systems were affected negatively by the weak economy in Europe. Three minor acquisitions with total annual sales of SEK 130 M were completed during the year. Operating income (EBIT) amounted to SEK 1,662 M (1,655). The operating margin was 15.3% (15.3). Net income amounted to SEK 1,138 M (1,146). Earnings per share fell by 1% to SEK 3.07 (3.11). Cash flow was normal for the season and totaled SEK 498 M (483).