All Financial results Articles
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Reduced investment in ICE tech will drive down future R&D expenditure
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37% of Swedish company’s sales are electrified products
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Profits reported over 2021 are similar to those achieved pre-COVID
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While net income was down, net sales and revenues were up 5% year-on-year
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Company details sales slump but reports brighter performance in Quarter 4
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Continued robust residential product demand drives record results.
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Company projecting full year 2021 revenues to rise 8 to 12%.