Haldex Interim Report, January - June 2018: Continued improved market conditions results in higher margins
The positive trend that started in Q1 continued in Q2. Haldex increased its net sales in all geographic regions. The development in a number of product areas continued to be strong, including brake adjusters, disc brakes and actuators. Higher net sales contributed to a higher operating margin and higher earnings per share. However, large investments in R&D and increased costs to meet production increases in China had a negative impact on income. Despite high working capital, cash flow from operating activities improved in Q2. The forecast for the operating income was adjusted for the full
