Market remains cautious
The subdued conditions in our primary markets are continuing, and in the third quarter we were unable to match the revenue level of the corresponding period last year. At the same time, we are seeing growth in the defence sector and for our aftermarket services. The adjustments made have, to some extent, offset the impact that lower volumes have had on profits. As we see many business opportunities for our companies, we have deliberately chosen to retain capacity for future growth.
We are in a strong financial position. This means we are able to implement further adjustments alongside more proactive investments, including complementary acquisitions that can balance our existing operations.
Lennart Persson, President and CEO