Net profit for the period rose to 15.55 billion Swedish kronor ($1.48 billion) from SEK10.77 billion for the same period a year earlier.
Net sales remained flat at SEK140.2 billion from SEK140.82 billion, ahead of market expectations of SEK137.92 billion based on three analysts’ estimates.
Adjusted operating income amounted to SEK19.45 billion, corresponding to a margin of 13.9%, for the period.