Trends and earnings in the business areas
The account below follows the organisational structure that applied during the 2011/2012 financial year.
Addtech Components
Net sales in Addtech Components increased by 10 percent to SEK 1,243 million (1,128). Operating profit rose to SEK 97 million (82).
On the whole, demand for production components from Nordic manufacturing companies was good during the financial year. During the second half of the year, heightened unease about the market was perceivable among our customers in all Nordic countries. The customer segments that achieved the best development during the year consisted of machinery manufacturers and mobile hydraulics. The business situation was stable in telecom, but weaker demand was noted in the electronics industry and medical technology segments. The Swedish market enjoyed a favourable business climate in the first two quarters, after which it was affected by greater unease and caution. Demand in the Finnish market was on a good level throughout the financial year, while the Danish market was generally weak. The market in Norway continues to be fragmented; the Norwegian engineering industry is performing relatively poorly, while demand from the oil and gas industry is better.
Rollco Holding AB was acquired during the year to become part of the business area.
| Addtech Components | ||
| 2011/2012 | 2010/2011 | |
| Revenue, SEKm | 1,243 | 1,128 |
| Operating profit, SEKm | 97 | 82 |
| Operating margin, % | 7.8 | 7.3 |
| Working capital, SEKm | 229 | 202 |
| Return on working capital (P/WC), % | 43 | 41 |
| Investments in property, plant and equipment, SEKm | 4 | 8 |
| Average number of employees | 308 | 280 |
