Q3 1 July - 30 September 2016

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

  • Sales totaled SEK 18,025 M (17,465), with 2% (3) organic growth and 2% (4) acquired growth
  • Strong growth for Global Technologies and Americas
  • Good growth for Entrance Systems and growth for EMEA
  • Negative growth for Asia Pacific due to weak demand in China
  • Trojan in the UK was acquired, with expected annual sales of SEK 220 M
  • Operating income (EBIT) was SEK 3,020 M (2,970). The operating margin was 16.8% (17.0)
  • Net income amounted to SEK 2,122 M (2,069)
  • Earnings per share amounted to SEK 1.91 (1.86)
  • Operating cash flow increased by 1% to SEK 2,830 M (2,816)