Trends and earnings of the business areas

Addtech Components

Addtech Components' net sales decreased by 2 percent to SEK 1,542 million (1,568). Operating profit declined to SEK 98 million (125). Demand for the business area's production components has been weak on the whole since the second quarter, with major variations between different customer segments and geographic regions. Nordic manufacturers, particularly those in the vehicle and engineering industry segments and in electronics production, reduced their production rate during the year. Customer segments such as energy and medical technology enjoyed the most stable demand, and so did large machinery manufacturers with sales to markets other than the vehicle and engineering industry segments. The trend on Nordic markets varied, with sustained unease on the Swedish and Danish markets, while our operations in Norway and Finland performed well.

During the year, two companies were acquired which became part of the business area - ASI Automatikk AS and Quality Documentation Scandinavia AB.

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Addtech Components
2012/2013 2011/2012
Net sales, SEKm 1,542 1,568
Operating profit, SEKm 98 125
Operating margin, % 6.4 8.0
Working capital year average, SEKm 298 274
Return on working capital (P/WC), % 33 46
Investments in property, plant and equipment, SEKm 10 5
Average number of employees 420 376