Gunnebo Year-End Report 2017
Comments on the fourth quarter by Gunnebo’s President and CEO, Henrik LangeDuring the fourth quarter the strategic review of our operations in France has continued and production in South Africa has been closed, as previously decided. The quarter's sales were lower than in the previous year, but order intake developed favourably, which means that the Group will enter 2018 with a stronger order book than 2017. DEVELOPMENT OF OUR BUSINESSDuring the fourth quarter, sales decreased compared to the fourth quarter of 2016. This is mainly a consequence of weak sales to banks in India and