Q3 Report 2010
10/19/2010 6:00 AM EST
Reporting period January – September
- Orders received declined by 1.6% to SEK 16,331 M (16,590), and grew organically by 3.3%
- Net sales declined by 2.8% to SEK 15,531 M (15,971), and grew organically by 2.3%
- Profit before tax rose by 22.3% to SEK 1,912 M (1,564)
- Net profit increased by 23.1% to SEK 1,386 M (1,126)
- Earnings per share increased by 23.1% to SEK 5.80 (4.71)
- Strong cash flow
- EBITA before restructuring costs rose by 4.5% during the quarter to SEK 975 M (933)
- Favourable earnings outlook