Interim report Q1 2010

Interim report for the three months ended 31 March 2010;

Revenue for the quarter rose by 10 per cent at fixed exchange rates and by 1 per cent in Swedish kronor (SEK), and amounted to SEK 1,370 M (1,351).
Operating profit was SEK 220 M (95), equal to an operating margin of 16.1 per cent (7.0).
The cost-cutting programme contributed to a significantly improved operating profit.
Continued high rate of new product launches.
Profit after tax was SEK 145 M (54).
Earnings per share for the three-month period were SEK 1.00 (0.37).