Haldex Annual Statement, January - December 2018: Strong sales growth and improved earnings per share despite weak end to the year
Haldex increased its net sales in all geographic regions in 2018 and has also grown faster than the market. The development in a number of product lines continued to be strong, including brake adjusters and disc brakes. Income in the fourth quarter was negatively affected by higher direct material prices and tariffs in the USA, which contributed to the operating income excluding one-off items for 2018 being lower than the previous year. Investments in R&D continued, which resulted in a concept phase being initiated in the new technology area with a customer. Cash flow from operating