SEK M 2011 2010
Net sales 303,589 257,375
Cost of sales (231,516) (197,480)
Gross income 72,073 59,895
   Gross margin, % 23.7 23.3
     
Research and development expenses (13,276) (12,970)
Selling expenses (24,383) (22,649)
Administrative expenses (7,105) (5,640)
Other operating income and expenses (1,045) (659)
Income from investments in associated companies (82) (86)
Income from other investments (225) (57)
Operating income (loss) Industrial Operations 25,957 17,834
     
   Operating margin, % 8.6 6.9