Components sells components and solutions within the areas of mechanics, electromechanics, hydraulics and electronics. Customers mainly operate in the segments of machinery production, special vehicles, energy and electronics in the Nordic manufacturing industry.
Operations
Based largely on the suppliers’ range of components, the Components business area focuses on technology trading in close collaboration with customers. The companies in the business area endeavour continuously to increase the value added by their offerings, and to identify customised solutions. The business area holds a strong market position in the Nordic region, where local roots and superior technical expertise provide competitive advantages in each niche market. Major customer segments are OEM applications in the engineering sector, special vehicles, energy and the electronics industry.
Development 2018/2019
In general, the business area developed well thanks to good organic sales growth combined with several acquisitions. Customer demand increased over the year, resulting in good growth in most customer segments. Sales increased in Sweden, Norway and Finland, while Denmark remained stable.
Outlook
The development of the business area is strongly connected to the Nordic manufacturing industry, and the subsidiaries are well positioned within the larger customer segments. One major growth driver for the business area is the larger trend towards more environmentally friendly alternatives, such as electrification of ferries and renewable energy sources. The continuously increasing demand for customised solutions and components brings additional growth potential. More-over, there is a growth potential in developing further co-operation among the subsidiaries within the different tech areas. Long-term relations with leading, international suppliers is crucial, and is constantly prioritized and developed.
