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: Andreas Lundberg - SEB, Research Division - Analyst
: If I start with the exit of your cooperation on online with various players. What's the strategic rationale for doing this?
Question: Andreas Lundberg - SEB, Research Division - Analyst
: Cool. And [it's also on] sales growth quite a bit. But could you perhaps give some more flavor on what's really driving here or how is the market
performing if you have any color on that?
Question: Andreas Lundberg - SEB, Research Division - Analyst
: Okay, cool. And what will you say about the net effect of USD versus sourcing cost in the first quarter? And how do you see that going forward?
Question: Andreas Lundberg - SEB, Research Division - Analyst
: But do you think the net effect will be less severe in the coming quarters? You talked about substantially lower transportation costs in your inventory,
for instance.
Question: Andreas Lundberg - SEB, Research Division - Analyst
: So you won't like to talk about that it will be less negative going forward.
Question: Andreas Lundberg - SEB, Research Division - Analyst
: And the transportation costs combined.
Question: Andreas Lundberg - SEB, Research Division - Analyst
: Cool. And lastly, on your cash position, you turn to net cash here again. You have now a few quarters, especially the Christmas quarter, where you
have typically very high cash inflows and you have a lower dividend in the coming days here. So what's your -- what do you want to do with the
cash position on the balance sheet?
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