Quarterly Report Q1 2021
Back to good organic growth First quarter ·Net sales decreased by 2% to SEK 21,805 M (22,173), with good organic growth of 4% (–3) and acquired net growth of 4% (3). Currency effects amounted to –10% (3) ·Very strong organic sales growth was reported by Asia Pacific, Entrance Systems and EMEIA[1]. Organic sales development was stable in Americas, while Global Technologies reported a sales decline ·Three acquisitions with combined annual sales of about SEK 200 M were signed ·Operating income (EBIT)[ ]increased by 16% and amounted to SEK 3,187 M (2,751),