Addtech Industrial Solutions

Addtech Industrial Solutions' net sales rose by 2 percent to SEK 1,173 million (1,150). Operating profit amounted to SEK 93 million (93).

Following a relatively weak third quarter, demand was at a good level in the latest quarter. However, there is still significant variation in conditions for this business area between different geographic markets and product areas. The business climate for products to the specialist vehicle industry has become more positive, but remains weaker in the mining segment. Demand from customers in forestry, paper and pulp has improved in Sweden but it was subdued in other markets. Sales were stable for electric motor solutions, products made of polymeric materials on the Danish market and machinery components and production equipment for industrial after-market customers.

This business area made two acquisitions during the year, Holger Eldfast AB and Sittab AB.

Addtech Industrial Solutions
2013/2014 2012/2013
Net sales, SEKm 1,173 1,150
Operating profit, SEKm 93 93
Operating margin, % 7.9 8.1
Working capital year average, SEKm 256 256
Return on working capital (P/WC), % 36 36
Average number of employees 528 524