"Economic activity continued to be good in Q1 2022 with high transport volumes and good construction activity in most markets. We increased sales and improved profitability. Our net sales grew by 12% to
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In Q1 2022, net sales increased by 12% to
SEK 105.3 billion (94.0). Adjusted for currency movements and the divestment ofUD Trucks , the increase was 11%.
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Adjusted operating income amounted to
SEK 12,681 M (11,821), corresponding to an adjusted operating margin of 12.0% (12.6).
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Reported operating income amounted to
SEK 8,556 M (12,067), including a negative effect from provisioning of assets related toRussia in an amount ofSEK 4,125 M.
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Currency movements had a positive impact on operating income of
SEK 1,267 M.
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Earnings per share amounted to
SEK 3.46 (4.35).
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Operating cash flow in the Industrial Operations amounted to
SEK -5,400 M (5,665).
- Return on capital employed in Industrial Operations of 25.3% (17.1).
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