Year-end Report January-December 2013
Stable finish to a challenging yearFourth quarter summary · Net sales in local currencies, excluding acquisitions and disposals, decreased 0.2 percent. In reported currency, net sales decreased 2.1 percent to SEK 26,503 million (27,069). · The addressable cost base in local currencies, excluding acquisitions and disposals, increased 2.8 percent. In reported currency, the addressable cost base increased 1.0 percent to SEK 7,466 million (7,394). · EBITDA, excluding non-recurring items, increased 0.1 percent in local currencies, excluding acquisitions and disposals. In reported