Interim Report | Financials | 19 Aug, 2010 | 11:40 | Regulatory
Interim report, January – June 2010
Comments by CEO Johan Hjertonsson
Lower-than-expected sales, primarily in the Nordic countries
Recovery within the business area Retail Lighting
Increased activity within the construction sector
Revenue during the second quarter after currency adjustments are level with the previous year
Lower cost level for the Group. The fixed costs are reduced by MSEK 25 on a full-year basis.
Global shortage
Comments by CEO Johan Hjertonsson
- Lower-than-expected sales, primarily in the Nordic countries
- Recovery within the business area Retail Lighting
- Increased activity within the construction sector
- Revenue during the second quarter after currency adjustments are level with the previous year
- Lower cost level for the Group. The fixed costs are reduced by MSEK 25 on a full-year basis.
- Global shortage of electronic components impacts the Group’s productivity negatively.