AUTOMATION
Net sales in Automation in the third quarter amounted to SEK 868 million (877) and EBITA amounted to SEK 104 million (105). Net sales during the period increased by 7 percent to SEK 2,627 million (2,448) and EBITA increased by 9 percent to SEK 327 million (301). 

Market
The business situation was stable for the Automation business area as a whole in the third quarter. Demand was stable in the mechanical industry and increased somewhat in the process industry, while it was weak in medical technology. The companies operating in defence had the strongest market situation.

ELECTRIFICATION
Net sales in Electrification increased in the third quarter by 1 percent to SEK 1,007 million (1,001) and EBITA amounted to SEK 112 million (118). Net sales during the period increased by 6 percent to SEK 3,060 million (2,888) and EBITA increased by 6 percent to SEK 379 million (358). 

Market
On the whole, the Electrification business area had a stable business situation in the third quarter. The market situation was favourable in electronics production and vehicle electrification and was strong in defence. Demand was also stable in data and telecommunications, as well as in energy, while it was weak in building and installation, medical technology, electronics and the mechanical industry. Revaluations of contingent purchase considerations affected profit negatively by about SEK 2 million, with restructuring costs having a further impact of about SEK 3 million. 

ENERGY
Net sales in Energy increased in the third quarter by 3 percent to SEK 1,306 million (1,267) and EBITA increased by 1 percent to SEK 171 million (169). Net sales during the period increased by 7 percent to SEK 4,031 million (3,774) and EBITA increased by 12 percent to SEK 541 million (484). 

Market
In the third quarter, the Energy business area had a positive business situation and stable demand at a high level. The business situation was strong for infrastructure products for updating and building out national and regional power grids, while, on the whole, it was stable in building and installation, as well as in the mechanical industry. In the build-out of fiber optic networks, the market situation was weak, while it was positive for units operating in niche products for electricity distribution and somewhat improved in wind power. The revaluation of contingent purchase considerations affected profit for the quarter negatively by about SEK 3 million.

INDUSTRIAL SOLUTIONS
Net sales in Industrial Solutions increased in the third quarter by 13 percent to SEK 906 million (802) and EBITA increased by 26 percent to SEK 188 million (148). Net sales during the period increased by 16 percent to SEK 2,664 million (2,299) and EBITA increased by 36 percent to SEK 539 million (395). 

Market
The business situation was favourable for the Industrial Solutions business area as a whole over the quarter. For the companies exposed to the forest and sawmill industries, sales were very good, with favourable operating margins. Demand for new projects improved somewhat from low levels. The market situation was stable in waste and recycling, while it was weak in the mechanical industry, as well as in special vehicles. The business area was affected positively by an unrealised exchange rate gain of about SEK 11 million over the quarter. 

PROCESS TECHNOLOGY
Net sales in Process Technology increased in the third quarter by 23 percent to SEK 878 million (713) and EBITA increased by 26 percent to SEK 119 million (94). Net sales during the period increased by 25 percent to SEK 2,565 million (2,057) and EBITA increased by 31 percent to SEK 355 million (272). 

Market
For the Process Technology business area as a whole, the business situation was favourable in the third quarter. Sales in the process industry were highly favourable, particularly in oil and gas, as well as for the companies operating in energy and the marine segment, while sales of components and solutions for the aftermarket and services decreased. The market situation was stable in medical technology and the mechanical industry, while it was weak in the forestry industry and special vehicles.