ANNUAL REPORT | SUSTAINABILITY REPORT
Henrik Perbeck, President and CEO:
“2018 was a successful year. Order bookings, net revenues and operating profit increased. Most customer segments and markets displayed growth. All subsidiaries contributed earnings improvements and the operating margin increased.” Read his comments >
Read a summary >
Sustainability creates business opportunities. The link between successful business and CSR is obvious. In addition to contributing to a better world, CSR creates new business opportunities, cuts costs, reduces risks and allows us to meet the demands and expectations of stakeholders. This year’s Sustainability Report is integrated with our Annual Report.
Read more about sustainability >
NEXT REPORT: The first quarter report for the January–March period will be published on May 6, 2019. Read more about upcoming events in our calendar >
“Beijer Alma delivers a high level of growth when it comes to shareholder value. Over the past ten years, the total return has increased an average of 20 percent annually. All three of our subsidiaries contributed to the improvement in the Group’s earnings. This is a testament to our strength,” said President and CEO Henrik Perbeck at the AGM in Uppsala on March 28. Read his speech >Watch all of the videos
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In total, the full year 2018 marked a period of profitable growth. Order bookings increased 3 percent during the quarter, net revenues 7 percent and earnings just over 2 percent. Order bookings from industrial customers in the Nordic region were strong. Cash flow declined as a result of a high rate of investment intended to boost the capacity throughout the Group. Read a summary >Download the report
Examples of successful acquisitions
Increased manufacturing capacity. Beijer Tech acquired Svebab in 2017. The company manufactures circular woven hoses, with its largest product being high-quality fire hoses. Svebab’s hose products are supplied to authorities, industry, emergency services and companies in the water and wastewater industry.
sales have increased by more than 13 percent.
approximately MSEK 5 has been invested in new machinery and more efficient process flows, which have improved the work environment and increased manufacturing capacity by 30 percent.
JOHN WHILE GROUP
Expanded manufacturing and sales. The spring specialist John While Group has operations in Singapore, China and Thailand. The company was acquired by Lesjöfors in 2016 and focuses on manufacturing of springs for customers in the automotive, IT, telecom and medical technology industries.
Sales have been expanded to include Lesjöfors’s European customers with operations in Asia. Increased coordination with Lesjöfors’s other plants in Asia has resulted in synergies in production and manufacturing.
LESJÖFORS SPRINGS AMERICA
Expansion and technology. Lesjöförs Springs America was acquired in 2015 and has manufacturing operations in the US and Mexico. Most of the company’s manufacturing focuses on custom-designed springs, which can be found in a wide range of consumer and industrial products.
the number of employees at the Mexican plant has increased by 40 percent.
the plant in the US has been relocated and the size of the premises increased by about 50 percent.
EUROPEAN SPRINGS & PRESSINGS
Strong growth. European Springs & Pressings har två anläggningar i Storbritannien – i London och Cornwall. Lesjöfors förvärvade verksamheten 2007, som numera tillverkar både chassifjädrar och industrifjädrar för bland annat energi-, elektronik- och fordonsbranschen.
the number of employees has doubled.
sales have increased by 150 percent.