Q2 1 April - 30 June 2014

A summary of the main highlights for the second quarter of 2014.

Strong increase in sales and earnings

  • Sales for the quarter increased by 14%, with 2% organic growth, and totaled SEK 13,964 M (12,239).
  • Strong growth in Asia Pacific and good growth in EMEA, Entrance Systems and Americas.
  • Negative growth in Global Technologies because of lower project orders.
  • Operating income (EBIT) for the quarter rose by 13% and totaled SEK 2,219 M (1,970). The operating margin was 15.9% (16.1).
  • Net income for the quarter amounted to SEK 1,534 M (1,374).
  • Earnings per share for the quarter rose by 12% to SEK 4.14 (3.71).
  • Cash flow for the quarter increased by 24% and amounted to SEK 1,963 M (1,589).