Interim Report January – March 2012
Growth continues and operating margin is 3.5%The positive trends of 2011 continued in the first quarter of 2012. Sales rose by 5% in local currency compared with the same period of 2011, and operating profit was SEK 21 million. While much of the increase can be attributed to our focus on internal cost-effectiveness, our broad customer base and competitive organizational structure were also key factors. Due primarily to the ongoing recovery at the Defense & Maritime market area, operating segment Machining showed further growth during the quarter. The Electronics segment also showed positive