INTERIM REPORT JANUARY - SEPTEMBER 2023
Strategy execution despite challenging market conditions
Third quarter 2023
·Net sales decreased by 14% to SEK 10,512m (12,206). Organic sales[1] declined by 15% and changes in exchange rates contributed with 3%.
·Planned exits of low-margin petrol-powered business impacted with -2%.
·Operating income was SEK 398m (555) and the operating margin was 3.8% (4.5).
·Excluding items affecting comparability, the operating income amounted to SEK 415m (601) and the operating margin was 3.9% (4.9).
·Earnings per share before dilution amounted to SEK 0.22 (0.47)