Quarterly report January – March 2014
Strong growth in the developing markets First quarter · Volume decreased by 10.2 % in the first quarter, which is explained by the fact that Easter in 2013 fell in the first quarter whereas it fell in the second quarter this year. Excluding markets with Easter seasonality (Sweden and Norway) the volume increased by 27.8% · Net sales decreased by 10.1 % to MSEK 444.4 (494.5). Measured in constant currency the decrease was 10.5% · The underlying EBIT amounted to MSEK 9.9 (42.4), where the decrease is mainly explained by the timing of Easter · The quarter was affected by