Cautious market conditions – stable financial position
The first quarter was marked by a cautious market environment and lower activity levels in the Group’s project-related operations compared with the same period last year. Efficiency and adaptation measures implemented during the period strengthened resilience and helped mitigate the impact of lower volumes. We saw further growth linked to defence-related business and higher demand for our service and aftermarket offerings. The Group maintains a stable financial position, enabling it to navigate current market challenges while pursuing long-term initiatives.
Revenue declined by 6.5 per cent compared with the first quarter of the preceding year. Operating profit decreased by 23 per cent to SEK 64 million (83), corresponding to an operating margin of 7.6 per cent (9.3). The profit margin amounted to 6.0 per cent (7.0). Cash flow from operating activities amounted to SEK -15 million (18).
Lennart Persson, President and CEO
