Serneke’s Q2, on a group level, came in with soft order intake but strong sales and an EBIT margin well above our expectations, continuing to prove that it is progressing well in the turning around of the company. Though the margin in Construction was below what we had expected, it is still a y-o-y improvement and it is positive that the operation is continuing to increase sales while improving profitability. The earnings beat is derived from the Invest division.
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