Q1 1 January - 31 March 2017

A summary of the main highlights for the first quarter 2017.

  • Sales increased by 14% to SEK 18,142 M (15,891), with organic growth of 6% (3). Acquisitions contributed 3%
  • Strong growth was shown by Global Technologies, Entrance Systems, Americas and EMEA, and good growth by Asia Pacific
  • Contracts have been signed for the acquisition of seven companies with expected combined annual sales of about SEK 700 M
  • Operating income (EBIT) increased by 16% and totaled SEK 2,787 M (2,411), which represents an operating margin of 15.4% (15.2)
  • Net income amounted to SEK 1,918 M (1,638)
  • Earnings per share amounted to SEK 1.73 (1.47)
  • Operating cash flow amounted to SEK 824 M (498).