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Nine months ended September 30, 2009

  • In the third quarter net sales decreased by 31% to SEK 48.5 billion (69.8). Adjusted for currency effects, net sales decreased by 39%

  • The third quarter operating loss was significantly reduced compared to the second quarter as a result of cost cutting measures. The operating loss amounted to SEK 3,286 M compared to an operating loss of SEK 6,883 M in the second quarter of 2009. In the third quarter of 2008 the operating income was SEK 3,177 M

  • In the third quarter basic and diluted earnings per share amounted to a negative SEK 1.44 (Positive SEK 0.98)

  • In the third quarter, operating cash flow in the Industrial operations was negative in an amount of SEK 1.4 billion (Negative SEK 6.1 billion). Cash flow was positively impacted by SEK 3.4 billion in reduction of inventories

  • During the quarter, net debt in the Industrial operations was reduced by SEK 0.7 billion to SEK 50.4 billion and the liquidity position was maintained with liquid assets of SEK 33.5 billion and unutilized credit facilities of SEK 31 billion, totaling SEK 64.5 billion
 
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