“With an operating profit of SEK 202 million (195), we are delivering the best third quarter ever. Just once before have we succeeded in achieving an operating profit of more than SEK 200 million in a single quarter.” 

“Sales increased by 9 percent at the same time that organic sales and order bookings were somewhat weaker than expected, mainly due to the development in Sweden during the summer. Growth strengthened in our other segments.”    

“Profitability continues to develop, not least due to all efficiency enhancements we have made in the production structure, which are becoming apparent in a continuously improved gross margin. The operating margin during the quarter was 14 percent.” 

“Acquisitions are a fundamental part of our growth strategy. So far in 2016, we have acquired companies that provide annual sales of more than SEK 850 million. The acquisitions during the year developed positively during the quarter even if they initially push our operating margin down somewhat.”

“We are continuing to work according to our plan with an emphasis on sales in consumer-driven channels, continuously reviewing our structure to identify further efficiency enhancements if possible and to work on growth both organically and through acquisitions.”

Please read the entire pressrelease in the pdf attached