Quarterly Report Q3 2020
Strong recovery in the quarter Third quarter · Net sales decreased by 8% to SEK 22,225 M (24,034), with organic growth of –5% (4) and acquired net growth of 4% (4) · Entrance Systems reported organic sales growth, while EMEA reported stable organic sales development. Global Technologies, Asia Pacific and Americas reported negative organic sales growth. All divisions were strongly negatively affected by Covid-19 · Sales and income for agta record are fully consolidated into the Group from 31 August 2020 · Operating income (EBIT[1])[ ]decreased by 8% to SEK 3,593 M (3,894),