Major Appliances EMEA
• Strong earnings development
– Strong organic growth of 7.1%
– Demand for appliances increased
in most Western European markets
– Eastern Europe stabilized
– Positive product mix driven by premium
brands in built-in kitchen and laundry
– Recovery in free-standing categories
– EBIT margin above 6% both in quarter and
last 12 months, driven by higher volumes,
improved mix, product cost and efficiency