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Interim report January-March 2009
Strong currency effects
on sales
- Net sales during the period amounted to SEK 532 M (438).
- Operating profit during the period totaled SEK 46 M (69).
- Profit before tax for the period amounted to SEK 46 M (68).
- Profit after tax for the period totaled SEK 33 M (49).
- Earnings per share during the period amounted to SEK 0.48 (0.71).
President’s comments
"The level of activity on the market for network video
security installations is still relatively low, as was the
case at the end of 2008, and the trend continues to
be difficult to assess.
During the first quarter, the currencies have had a
strongly positive impact on sales growth compared
with the corresponding quarter of the preceding
year. Americas region reported growth of 8 percent
in local currency terms, while EMEA region and Asia
region reported negative growth of 13 percent in
each region.
The high rate of recruitment at the end of last year
resulted in increased costs during the first quarter of
2009. Recruitment of personnel has continued during
2009, but now at a considerably lower rate."
Ray Mauritsson, President
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