Q1 1 January -30 March 2016 A summary of the main highlights for the first quarter of 2016. Net sales amounted to SEK 15,891 M (15,252), an increase of 4%, of which 3% (5) was organic growth and 3% (3) was acquired growth. Strong growth in Americas and good growth in EMEA and Entrance Systems Growth in Global Technologies and continued negative growth in Asia Pacific because of China. Contracts have been signed for the acquisition of three companies with combined expected annual sales of about SEK 750 M. A contract has also been signed for the divestment of the Group’s Car Locks business, which has annual sales of about SEK 550 M. Operating income (EBIT) amounted to SEK 2,411 M (2,329). The operating margin was 15.2% (15.3). Net income amounted to SEK 1,638 M (1,616). Earnings per share increased by 1% and amounted to SEK 1.47 (1.45). Cash flow was normal for the season and amounted to SEK 498 M (520).