AUTOMATION
Net sales in Automation amounted to SEK 855 million (910) and EBITA amounted to SEK 87 million (117).

Market
Overall, the business situation was weak for the Automation business area in the first quarter of the financial year. The weak sales trend had a negative impact on earnings and the operating margin. The overall market situation was favourable but varied between the different market segments. Demand was stable for companies active in the energy, engineering and process industries, while it was weaker in medical technology and strong in defence. 

ELECTRIFICATION
Net sales in Electrification increased by 1 percent to SEK 1,130 million (1,119) and EBITA increased by 3 percent to SEK 155 million (150).

Market
Overall, the Electrification business area had a stable first quarter in terms of both demand and sales. The market situation was weak in energy, engineering and electronics, stable in special vehicles, and good in medical technology and defence. 

ENERGY
Net sales in Energy increased by 21 percent to SEK 1,769 million (1,459) and EBITA increased by 42 percent to SEK 300 million (212).

Market
The Energy business area enjoyed good market conditions and very good sales growth in the quarter. The business situation for infrastructure products for the rebuilding and expansion of national and regional networks was very good, as were products and solutions for data halls. The market situation remained weak in building and installation, while it was good for niche products for electrical power distribution and traffic safety and stable for companies active in mechanical industry and wind power. 

INDUSTRIAL SOLUTIONS
Net sales in Industrial Solutions increased by 15 percent to SEK 1,113 million (968) and EBITA increased by 14 percent to SEK 247 million (216).

Market
On the whole, the business situation for the Industrial Solutions business area was favourable in the first quarter. Sales were good, with acquisitions contributing to the positive trend. The market situation improved somewhat for the companies exposed to the forestry and sawmill industry, as well as for companies within special vehicles. Sales were good in subsea, as was the market situation for companies active in the engineering industry, while it was stable in waste and recycling. The revaluation of contingent purchase considerations affected profit for the quarter positively by about SEK 7 million.

PROCESS TECHNOLOGY
Net sales in Process Technology amounted to SEK 978 million (987) and EBITA increased by 1 percent to SEK 145 million (143).

Market
The market situation was favourable for the Process Technology business area as a whole and demand was good. Sales were stable overall, where postponed project deliveries were offset by favourable contributions from acquisitions. The market situation was favourable for the companies in the marine segment, medical technology and the process industry, mainly oil and gas, and improved in the forest industry. Demand was also stable in the energy and mechanical industries, while it was weak in special vehicles. The revaluation of contingent purchase considerations affected profit for the quarter positively by about SEK 11 million.