More efficient process flows and reduced environmental impact

Industrial Process offers products,services and solutions that streamline industrial process flows. This includes own products and brands, as well as customised and trade products. With our high level of technical expertise, we increase our customers’ competitiveness, make their products and work environment safer and reduce external emissions.

Many of the business area’s subsidiaries hold strong business positions in their market niches, with considerable opportunities for long-term growth. A strong driving force that generates business opportunities for us lies in increasing demands for a sustainable transition, particularly for industry, which must reduce its environmental impact, especially in terms of emissions. We offer products and technical solutions that are often at the forefront of development. Examples of this are gas analysers and dampers that measure and regulate emissions from ships, industries and combined heat and power plants. Other examples of sustainable solutions are wood dryers for sawmills that provide efficient production and increase the use of wood, as well as transport chains in high-quality steel that is 30 times more durable compared with earlier materials. Two relatively new focus areas within Industrial Process, where we also see favourable growth opportunities, are waste and recycling systems and systems for purification of drinking and waste water.

”A strong driving force that generates business opportunities for us lies in society’s increasing demands for sustainability solutions – above all in terms of the demands on industry to reduce its environmental impact.”

Claus Nielsen, Business Area Manager Industrial Process

Examples of products

Gaskets, seals, chains, electric motors, process and safety instruments, surface treatment equipment, dampers, scrubbers, fans, heat recovery systems, wood dryers and waste management systems.

2020/2021 in brief

The combination of a price war in oil and the pandemic saw demand fall sharply in our marine segment during the year. More positive was the improved business situation for our sustainable technical solutions for the sawmill industry, where, among other things, the acquisition of Valutec contributed to the positive development. Read more in the Administration Report.

Future focus

Industrial Process’ ambition is to continue growing organically and through acquisitions in selected segments. We see favourable growth opportunities in most of our segments, partly due to new stricter emissions requirements to reduce industry’s environmental impact. The paper, chemical, energy and pharmaceutical industries, among others, also have an increasing need of our technical solutions for controlling and analysing different processes. The increasing use of wood is another future growth area.

Key financial indicators 2020/2021 2019/2020
Net sales, SEK million 2,785 3,204
EBITA, SEK million 288 445
EBITA margin, % 10.3 13.9
Return on working capital, % 56 83
Average number of employees 948 882
Acquired annual sales* 553 190
Proportion sustainable business**, % 57 -
* 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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