Group operating income totaled SEK –124m (–1,083). In all, income takes into account items affecting comparability of SEK –462m (–1,583). Item affecting comparability in 2017 consist in their entirety of provisions for termination of employment of personnel with special employment conditions in Denmark. Pending the European Commission’s decision on the financing arrangement for the restructuring program in Denmark, no further terminations of employment for personnel with special employment conditions will take place. On that basis, full provision for the program is not recognized in 2017. The items affecting comparability for the preceding year consisted primarily of impairment losses of SEK 1,186m on goodwill and property, plant and equipment related to the Danish business, and of the disposal of Strålfors’ non-Nordic businesses. The Group’s adjusted operating income was SEK 338m (500) for the full year. Growth in eCommerce & Logistics and ongoing cost adjustments failed to fully compensate for the considerably lower sales of products impacted by digitization.
By continuing to browse or by clicking “Accept All Cookies,” you agree to the storing of first- and third-party cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookie info
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site.
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites.