Interim report Q2 2016

July  15, 2016

April-June 2016

  • Net sales increased by 12.3 per cent compared with the corresponding quarter last year and amounted to SEK 2,417M (2,153). The increase is mainly due to a continued positive development in the Southern Europe market region relating to air-conditioning products.
  • Operating profit amounted to SEK 186M (158). The improved profit is mainly the result of increased sales.
  • In June, the UK Competition & Markets Authority (CMA) approved the acquisition of HRP Ltd which was consolidated in the Group’s operation from June.
  • Net profit for the period increased to SEK 121M (107).
  • Profit per share amounted to SEK 2.82 (2.48).

Download document