“The strong sales trend pervaded Inwido throughout 2017. The fourth quarter was no exception and sales increased by 4% to SEK 1,774 million – for the full year, the increase was 12% to SEK 6,371 million. Order bookings for the quarter were 2% higher than for the same period in 2016. For the full year, order bookings increased by 11% and the order backlog was 5% higher than a year earlier.” 

“Overall, 2017 was challenging, mainly due to production disruptions in the Sweden-Norway business area. Despite these disruptions lagging into the fourth quarter, we delivered an operating profit that was once more above SEK 200 million – one of the best quarters in the Group’s history in terms of earnings. For the full year, earnings amounted to SEK 649 million.”  

“The year 2018 has good prospects of becoming an interesting year full of opportunities. The year starts with a quarter that will be compared with 2017, when we delivered clearly Inwido’s best first quarter to date. Last year, we also had the advantage of Easter falling in the second quarter.” 

“With our strong market position in the Nordic region and ongoing internal measures, we see good potential to continue developing Inwido in terms of growth and efficiency in 2018.”  

Read the full press release, including key ratios, in the pdf attached