Haldex interim report, January - March 2017: Increased net sales and operating income excluding one-off items
The year began with net sales levels exceeding general market conditions. Europe in particular has developed strongly, and even though market conditions remain weak in North America, Haldex North American sales have declined to a lesser extent than the market, resulting in overall sales growth for the Group. A number of product areas have undergone strong development, with disc brakes continuing to be the fastest growing product for Haldex. Sales of actuators have not begun to increase as yet, mainly due to the strong position of the product on the weak North American market. Operating income