Addtech Industrial Solutions

Addtech Industrial Solutions' net sales fell by 8 percent to SEK 1,150 million (1,245). Operating profit declined to SEK 93 million (112). The business climate was relatively weak throughout the entire financial year, although it stabilised to a certain extent in the fourth quarter compared to the third. Demand for products made of polymeric materials was lacklustre on the Danish market, and many large clients in the special vehicles industry gradually reduced their demand for electromechanical components during the year. The weak business climate for electric motor solutions in the first half of the year improved, however, in the second half, and the machinery components and production equipment market was relatively stable.

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Addtech Industrial Solutions
2012/2013 2011/2012
Net sales, SEKm 1,150 1,245
Operating profit, SEKm 93 112
Operating margin, % 8.1 9.0
Working capital year average, SEKm 256 253
Return on working capital (P/WC), % 36 44
Investments in property, plant and equipment, SEKm 6 5
Average number of employees 524 518