Lifco AB (1L3.F,LIFCO_B.ST) reported that its fourth quarter net profit grew 7.0 percent to 1.05 billion Swedish kronor from 978 million kronor, prior year. Earnings per share was 2.28 kronor compared to 2.13 kronor. EBITA increased 5.2 percent to 1.72 billion kronor from 1.63 billion kronor, driven primarily by acquisitions.
Fourth quarter net sales increased 5.7 percent to 7.53 billion Swedish kronor from 7.13 billion kronor, a year ago. Organic growth was 3.8 percent.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.