Asia

Full-year revenue was up 10 percent in Asia due to positive volumes and currencies, partially offset by adverse price/mix effects. Demand in several Asian countries was encouraging. The Chinese construction market remained challenging, while for the full-year, volumes in China grew.

In Q4, revenue was up 6 percent, with positive currencies and volumes more than offsetting adverse price/mix. Positive developments were visible, especially in South and South East Asia.