Gunnebo Year-end release 2012
Comments by Gunnebo’s President and CEO Per Borgvall“Order intake and sales both developed stably during the fourth quarter of 2012. We are seeing a trend where development outside of Europe is still very strong. Our Asian markets showed a 20% increase in order intake during the quarter, and both South Africa and Australia reported growth of above 30%. The operations in Brazil and the US also developed well during the quarter. Development on the majority of markets in Europe, however, has been slower, particularly during the latter part of the year. Operating profit excluding expenses