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.
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 |