The electrification of society creates opportunities

Energy offers electricity distribution equipment for voltages from 0.4 to 400 kilovolts. This includes both power line and station equipment for network construction, as well as installation equipment. The focus is on electricity distribution and electrical installation, as well as on products and solutions in the areas of electrical safety, energy efficiency and connection technology.

Energy’s customers are mainly contractors and grid operators in electricity transmission. On the power side, our companies are suppliers to Nordic network operators and hold very well-established positions. The same applies to the market for electrical installation, where we primarily sell via electricity wholesalers in the Nordic region. On the power side in particular, we have a relatively large share of own production, but otherwise applies to trading operations with, among other things, many strong brands from leading suppliers in Europe and own brands in selected segments.

Our success is partly due to the fact that we have an underlying market with good demand for our products and solutions. Much of what we offer is completely in line with the transition to electrification in society. In addition, we have chosen to position ourselves in a market-leading position in all the niches in which we operate. We have a strong product range combined with our own in-depth technical expertise. All in all, this means that we are regarded as a long-term partner that adds value and contributes to customers’ success.

”Much of what we do is in line with the transition to renewable energy. We contribute to society being electrified to an extent never previously seen.”

Hans Andersén, Business Area Manager Energy

Examples of products

Power line poles, line disconnectors for the medium voltage network, transformers, cable cabinets, cable, cabling, fuses, meter-reading converters, cooker power cut-offs and pedestrian crossing signals.

2020/2021 in brief

Over the year, Energy had a positive underlying market with good demand for our products and solutions. The pandemic had a relatively limited impact, although some of our projects in installation and industrial electrification have been postponed, which has had a negative impact. Read more in the Administration Report.



Future focus

We see that the trend towards a more sustainable society will increase demand for the business area’s products and solutions. This primarily applies to the ongoing electrification of society, in both low and high-voltage applications. Here, Energy holds strong positions in electricity transmission, wind power and distribution networks. We will also continue to invest in the smart homes niche, as well as traffic safety and public safety.

Key financial indicators 2020/2021 2019/2020
Net sales, SEK million 2,566 2,412
EBITA, SEK million 329 282
EBITA margin, % 12.8 11.7
Return on working capital, % 61 53
Average number of employees 683 681
Acquired annual sales* 90 29
Proportion sustainable business**, % 53 -
* 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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