The company reported its recurring revenue accounted for 280.8 million Swedish krona (26.8 million euros) of sales, up 11.3%. Based on unadjusted exchange rates, the increase was 6.3%. The company's recurring revenue for the year accounted for 1,081.4 million Swedish krona (103.2 million euros) of sales, up 11.7%. Based on unadjusted exchange rates, the increase was 9.6%.
The company's net sales for the year also rose 19.4% to 1,949.1 million Swedish krona (186 million euros). Based on unadjusted exchange rates, the increase was 16.9%. For the quarter, net sales increased 23.3% to 649 million Swedish krona ($61.9 million). Based on unadjusted exchange rates, the increase was 17.6%.
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