Q2 1 April - 30 June

A summary of the main highlights for the second quarter of 2016.

  • Net sales increased by 5% to SEK 17,894 M (17,082), of which 4% (4) was organic growth and 4% (3) was acquired growth
  • Strong growth in Americas, EMEA and Global Technologies and good growth in Entrance Systems
  • Negative growth in Asia Pacific owing to weak demand in China
  • Contracts have been signed for the acquisition of six companies with combined expected annual sales of about SEK 950 M
  • Operating income (EBIT) increased by 6% to SEK 2,910 M (2,742). The operating margin was 16.3% (16.1)
  • Net income amounted to SEK 2,026 M (1,888)
  • Earnings per share rose by 7% and amounted to SEK 1.82 (1.70)
  • The quarter’s operating cash flow increased by 27% to SEK 2,519 M (1,991).