The bottom line turned positive with SEK 21 million ($2.3 mm) in net income against last year’s Quad Lock acquisition-induced SEK 37 million loss for the fourth quarter, as sales increased 9% to SEK 1,835 million ($201.9 mm) from SEK 1,678 million. The top line got a 20% boost from acquisitions as organic sales came in flat, but ForEx had a 10.4 p.p. negative impact. Gross margin expanded 330 b.p. to 44.9% on benefits from Quad Lock, price increases, efficiency improvements, and favorable product mix. SG&A was up 1% in Krona, ... Log in to view full article.