The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Mats Liss - Kepler Cheuvreux - Analyst
: Yeah. Hi, thank you. Congrats on a good quarter there. A couple of questions. First, looking at the order intake for infrastructure, it was quite good,
I guess, and earnings as well. What should we expect going forward? Is this a new trend and, well, could you say something about that?
Question: Mats Liss - Kepler Cheuvreux - Analyst
: Then -- well, you mentioned the European ban of fluorescent lighting and -- how important is that? Is it something that will, well, make the renovation
trend booming here in the coming quarters?
Question: Mats Liss - Kepler Cheuvreux - Analyst
: Yeah. I guess it's trends. And then looking at order intake, it was, well, expected anyway. But given the increased renovation part of the mix there,
should we expect more in-for-out orders during the quarter now? Also, that may be -- well, it's not included yet, but I guess the lead times are
shorter. I guess I read that in the report.
Question: Mats Liss - Kepler Cheuvreux - Analyst
: Yeah, great. Then, I guess, well, looking at mix here of price and volume, I guess, you have been able to adapt to cost increases. Have you done that
to a full extent, or are there still room to make adjustments or do you need to make adjustment to handle cost increases?
Question: Mats Liss - Kepler Cheuvreux - Analyst
: Great. And well, Michael, you mentioned the cash flow that you were a bit disappointed that you haven't been able to deliver on the indication
made last time, but you continue to see opportunities to reduce inventories. Is that right?
Question: Mats Liss - Kepler Cheuvreux - Analyst
: Great. And just finally, for the record, I guess, looking at the CapEx, you had some investing activities going on there. Is that the run rate to be
expected during coming quarters as well? Or are there any larger funds to be expected?
Question: Mats Liss - Kepler Cheuvreux - Analyst
: Okay, great. Thanks a lot.
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