Developments during the period
We continue to see good results from our efforts to adapt and transform organisations. Several large orders received in recent months further strengthen the effect going forward.
With traditional markets in decline, the share of sales to new customers has grown. Though initially more resource-intensive, these sales are projected to have a growing positive impact on profitability. The same applies to our efforts to transition towards more service-oriented activities.
Summarising the first half of the year, Group revenue increased by 3 per cent compared to the corresponding period last year. Operating profit improved by 74 per cent and the operating margin was 9.0 per cent (5.3). The profit margin was 6.8 per cent (3.5). Cash flow from operating activities amounted to SEK 148 million (10).
Lennart Persson, President and CEO