Half-yearly Report 2005
Half-yearly Report 2005 Stockholm, July 19, 2005 · Net sales amounted to SEK 63,709m (62,443), and income forthe period to SEK 2,050m (1,809) corresponding to SEK 7.04 (5.92) per share. · Operating income for the second quarter was SEK 1,890m (1,782). · Operating income adversely affected by substantially higher prices for materials. · Strong sales growth and improved income in USD for appliances in North America in second quarter. · Restructuring on plan, decisions to close two previously announced plants finalized. · Strategic initiatives in product development and marketing continue.