| |
Earnings after tax totaled MSEK
131 (145). Earnings per share totaled SEK 5.92 (6.53). |
| |
Earnings before tax totaled
MSEK 177 (205). Earnings totaled MSEK 191, excluding restructuring costs. |
| |
Operating income excluding
restructuring costs rose to MSEK 235 (232). The operating margin fell from
6.1% to 5.7%. Operating income including restructuring costs totaled MSEK
221 (232). |
| |
Earnings and margin
improvements within the CVS, Hydraulics and Traction divisions. |
| |
Earnings in Division Wire
declined MSEK 34. The decision was made to implement a program to improve
profitability within the division. MSEK 14 in restructuring costs were
posted to Q2. |
| |
Return on capital employed
(rolling 12 months) fell from 13.7% to 11.3%. |
| |
Sales increased 8% to MSEK 4
123 (3 806). The increase amounted to 4% after adjusting for currency
exchange rates. Order intake rose 3% to MSEK 4 088 (3 970). Adjusted for
currency exchange rates, order were in line with previous year. |
| |
A decision was made to shut
down one of Commercial Vehicle Systems plants in North America to improve
the cost structure. The cost is estimated at MSEK 10-30, which will be
posted in Q3. The decision was made after the end of the reporting period. |
| |
The unchanged full year outlook
means that the profit in the 2nd half year will be substantially better
compared to the same period previous year. |