Quarterly Report Q1 2020
Results impacted by Covid-19 First quarter ·Net sales increased by 3% to SEK 22,173 M (21,505), with organic growth of –3% (5) and acquired net growth of 3% (3) ·Growth in Americas, stable sales levels in Global Technologies and Entrance Systems, but lower sales in Asia Pacific and EMEA ·Two acquisitions signed with expected combined annual sales of SEK 200 M ·Conditional clearance has been received from the EU Commission to acquire the 54% shareholding in agta record. Closing of the Acquisition is expected in the second half of 2020 ·Operating income (