Resilient Operating Margin
Despite challenging market conditions and FX headwinds, the company reported a slight improvement in operating margin to 13.3% compared to the same quarter last year.
Strong Cash Flow
Net cash flow increased to SEK 2.8 billion from SEK 2.2 billion in the same quarter last year, driven by effective cost management and improved working capital.
Industrial Business Growth
Organic growth of 2.4% was reported in the industrial segment, with notable performance in regions like China and Southeast Asia, and sectors such as aerospace and energy.
Aerospace Segment Success
Aerospace business reported a CAGR of 12% from 2022 to 2025, with a notable improvement in adjusted operating margin by 8 percentage points, due to strategic focus on aeroengine and aerostructure bearings.
Cost Efficiency Initiatives
The company continues to drive operational efficiency with a rightsizing program expecting to save SEK 2 billion by 2027, reinforcing long-term competitiveness.