Analysts had on average expected a profit of 1.85 billion, according to the Reuters tally.
the group’s net Sales grew by twelve per cent to the 12.964 million for the year, while the inflow of orders rose by six per cent to 11.153 million for the year, adjusted for exchange-rate effects.
the Board of directors proposes an increased dividend to shareholders at a 5:50 per share be paid, which can be compared with the distribution in the previous year, at sek 5.00 per share.
for more information, see Industrijättarna close to the department stores and retail outlets in China.