Energy

Energy markets and sells products for the transmission and distribution of electricity and products in electrical safety, electrical installation and connection technology. Its customers mainly operate in the energy and electrical installation market.

Operations

Energy focuses on the markets for electrical power distribution and electrical installation, as well as products and solutions in electrical safety, energy efficiency and connection technology. Companies also carry out the customisation of standard components and solutions for products, primarily in electric power transmission.

Market

Energy’s companies hold leading market positions in their respective niche areas in electrical power products and electrical safety. In addition to trading, several companies also manufacture niche products under their own brands. Demand in the energy market is relatively stable and is affected by the electricity companies' investment rate. Energy's subsidiaries also offer aftermarket services such as education, service and support, which generates both long-term customer relationships and current income.

Dynamisk graf: Net sales, geographic market
Dynamisk graf: Net sales, customer segment

DEVELOPMENT DURING 2017/2018

   

Sales of infrastructure products to the primary and regional grids in the Nordic region were stable overall during the year. Appetite for investment is keen and, given the intensified competition we noted during the year, we are focusing on business deals offering a good business margin. To Addtech companies operating in the area of niche products for power distribution, the market situation varies but is relatively stable overall. Sales in the electrical installation and electrical safety sectors include products with an important role in renovation and new-building, such as fuses, cable ducts and presence and movement detectors, as well as professional lighting. With a continued high tempo in the construction and installation sector, demand for Energy's companies remained stable.

 
Key financial indicators 2017/2018 2016/2017
Net sales, SEKm 1,846 1,807
EBITA, SEKm 215 225
EBITA margin, % 11.7 12.5
Return on working capital, % 59 69
Average number of employees 583 585
Acquired annual sales* 40 100
     
* Refers to conditions at the time of acquisition on a full-year basis.

 

Latest updated: 7/4/2018 10:07:08 AM by anna.oxenstierna@oxp.se