Strong Operating Margin
Despite tough market conditions and significant FX headwinds, the company reported a strong adjusted operating margin of 13.3%, up from the same quarter last year.
Cash Flow Improvement
Net cash flow was strong at SEK 2.8 billion, up from SEK 2.2 billion in the same quarter last year.
Industrial Business Growth
The industrial segment saw positive organic growth of 2.4% in the quarter, driven by improvements in Asia and specific sectors like aerospace and lubrication.
Successful Aerospace Strategy
The aerospace segment achieved a CAGR of 12% from 2022 to 2025, with an 8 percentage point improvement in adjusted operating margin.
Rightsizing Program Savings
The rightsizing program is expected to generate savings of SEK 2 billion by 2027, with a net reduction of 1,200 FTEs.