• In the third quarter, net sales decreased by 5% to SEK 64.9 billion compared to SEK 68.3 billion in the third quarter of 2012. Adjusted for currency movements and acquired and divested units net sales increased by 3%.
  • The third quarter operating income amounted to SEK 2,502 M (3,480) excluding restructuring charges of SEK 104 M (560). Compared with the third quarter of 2012, changes in currency exchange rates had a negative impact of SEK 1,068 M.
  • Operating margin in the third quarter was 3.9% (5.1) excluding restructuring charges.
  • In the third quarter, earnings per share were SEK 0.68 (0.69).
  • In the third quarter, operating cash flow in the Industrial Operations was negative in an amount of SEK 5.3 billion (neg. 7.2).
  • As part of the previously announced Group-wide efficiency program, a directional decision has been made to rationalize white collars in staff and support functions by approximately 2,000 employees and consultants. This rationalization comprises a large part of the announced SEK 5 billion of restructuring costs and SEK 4 billion of savings.