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Interim report, Q3 July – September 2013

  • Net sales for the quarter increased by 3.0 per cent including a positive impact from foreign exchange of 1.6 per cent.
  • Operating profit was SEK 131m (90).
  • Underlying EBIT was SEK 160m (124).
  • Items affecting comparability amounted to SEK –29m (–34) and consists of restructuring SEK –28m (–31) and impact from foreign exchange of SEK –1m (–3).
  • Cash flow from operating activities was SEK 54m (93).
  • Net Debt/Underlying EBITDA was 4.4x (5.3).
  • Issuance of the Senior secured notes for an amount of SEK 1,000m and the renegotiated credit facility reduces interest cost.
  • The integration process has been completed.
  • The factory restructurings are proceeding according to plan.

Contacts

  • Jacob Broberg, Senior Vice President Corporate Communications and Investor Relations, 46 70-190 00 33
  • Danko Maras, Chief Financial Officer, 46 76-627 69 46