Strong organic sales growth

The third quarter continued with strong organic growth of 5%. Organic growth was very strong in Global Technologies (12%) and Americas (10%) and continued to be good in Entrance Systems (4%), while EMEA and Asia Pacific reported stable organic sales growth of 2% and 1% respectively.

Key figures 

  • Net sales increased by 15% to SEK 21,191 M (18,499), with organic growth of 5% (3) and acquired net growth of 2% (2)
  • Strong sales growth in Global Technologies and Americas and good growth in Entrance Systems. Sales in EMEA and Asia Pacific were stable
  • Three acquisitions have been signed with combined expected annual sales of about SEK 1,200 M
  • Operating income (EBIT) amounted to SEK 3,424 M (3,080), with an operating margin of 16.2% (16.7)
  • Net income amounted to SEK 2,384 M (2,153)
  • Earnings per share amounted to SEK 2.15 (1.94)
  • Operating cash flow increased by 13% to SEK 3,004 M (2,654).