Interim Report First Quarter 2020

JANUARY 1 – MARCH 31, 2020(compared with the corresponding period a year ago) · Net sales increased 10.0% to SEK 33,712m (30,656) · Organic net sales increased 7.8% · The COVID-19 pandemic resulted in a sharp increase in sales and earnings in March 2020 as a result of stockpiling among consumers and distributors · In emerging markets, which accounted for 35% of net sales, organic net sales increased 4.0% · Operating profit before amortization of acquisition-related intangible assets (EBITA) increased 77% to SEK 5,316m (3,002) · Adjusted EBITA increased 67% to SEK 5,