Quarterly Report Q1 2022
A strong start to the yearFirst quarter · Net sales increased by 22% to SEK 26,591 M (21,805), with organic growth of 14% (4) and acquired net growth of 0% (4) · Very strong organic sales growth in Americas, Entrance Systems and Global Technologies and strong growth in EMEIA, while organic sales declined in Asia Pacific · Three acquisitions with combined annual sales of about SEK 250 M were signed in the quarter · Operating income (EBIT) was SEK 4,001 M (3,187), corresponding to an operating margin of 15.0% (14.6) · Net income[ ]amounted to SEK 2,859 M (2,253) · Earnings