COMPONENTS

Catalyst for sustainable technical solutions

Components offers sustainable technical solutions that are mainly based on components offered by suppliers. The business area has a strong foothold in the Nordic manufacturing industry. We are well-positioned in major customer segments, including electronics, special vehicles, engineering and energy.

Products and solutions are customised in strong partnership with customers and market-leading suppliers. With our in-depth technical expertise, we serve as a catalyst, contributing to cutting-edge technical solutions. Shared development of sustainable technical solutions is ongoing. Together with a local presence, this adds value, affording the business area’s subsidiaries competitive advantages in each of their niche markets.

A strong driving force and enabler for Components is society’s pursuit of sustainable development and customers’ growing need for environmentally and climate-friendly solutions. This is especially true in electrification and conversion to renewable energy.

 

”Our technical solutions contribute to a more sustainable world. From green electricity production and reduced energy consumption to medical technology and the smart society of the future.”

Martin Fassl, Business Area Manager Components

Examples of products

Electric motors, switches, displays, sensors, indicators, hydraulic blocks, valves, pumps, units, joysticks, filters, optics and various other electromechanical and electronic components.

2020/2021 in brief

The business situation in medical technology and safety was favourable during the year. Operations in special vehicles slowed sharply due to the pandemic. Increased transport costs and exchange rates for the USD had a negative impact on margins. Order intake generally increased in the final quarter and the financial year ended stably. Read more in the Administration Report.

 

Future focus

Although our trade products remain important to us, we will also increase our development of own-design products and solutions in partnership with customers. This includes future acquisitions of companies with own products. To an even greater extent, we will follow our customers out into the world, with the ambition of expanding internationally.

In the area of sustainability, we continue to develop and improve the offer, particularly in electrification.

Key financial indicators 2020/2021 2019/2020
Net sales, SEK million 2,015 2,082
EBITA, SEK million 196 218
EBITA margin, % 9.7 10.5
Return on working capital, % 42 48
Average number of employees 407 396
Acquired annual sales* 59 -
Proportion sustainable business**, % 44 -
* On a full-year basis at the time of acquisition.
** Share of total revenue, in business area, that contributes to UN’s global goals, only measured on group level 2019/2020.

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