CEO comment, Q2 2017
Morten Falkenberg, President and CEO, comments the second quarter 2017.
“Given the conditions with fewer delivery days than last year, I am pleased with the results for the second quarter. Organic growth in the Nordic region was primarily driven by a strong increase in new housing construction in all Nordic countries. Our project sales in the UK also increased, while sales to consumers declined slightly. Although the operating profit was burdened by currency losses, our profit generation in the first half is ahead of last year’s. We are now working intensively towards our target of growing organically and via acquisitions. Overall, I remain confident in our ambition to deliver profitable growth,” says President and CEO Morten Falkenberg.