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Q2 Report 2010

Q2 Report 2010

Reporting period January – June

  • Orders received increased by 1.1% to SEK 11,204 M (11,081), and grew organically by 6.9%.
  • Net sales declined by 1.5% to SEK 10,512 M (10,677)
  • Profit before tax rose by 23.6% to SEK 1,227 M (993)
  • Net profit increased by 24.5% to SEK 890 M (715)
  • Earnings per share increased by 24.4% to SEK 3.72 (2.99)
  • Strong cash flow
  • EBITA before restructuring costs increased by 20.6% during the quarter to SEK 983 M (815)
  • Continued favourable earnings outlook for 2010