Gunnebo Interim Report January-June 2017
CEO’S COMMENTS ON THE SECOND QUARTER 2017 The second quarter was in line with the same period last year with a turnover of MSEK 1,510 and an operating margin of 6.8% excluding non-recurring items. Growth has been good within both Entrance Security and Cash Management. DEVELOPMENT OF OUR BUSINESSIn region EMEA sales developed well during the second quarter in all sub-regions with the exception of France and South Africa. It is positive that the operating margin in EMEA for the quarter is on the same level as last year, despite organic sales growth of -2%. Excluding France, organic