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Alimak Group publishes Annual and Sustainability Report 2023

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2023 was a very important and transformative year for Alimak Group. Despite a challenging macro-economic environment, the Group took another important step in the execution of the New Heights programme and delivered strong growth, profitability and cashflow.

“Since the launch of our strategic direction, the New Heights programme, three years ago, we have firmly followed our plan. The results for 2023 again prove that we are on the right track,” says Ole Kristian Jødahl, CEO of Alimak Group.

Revenues amounted to SEK 7.1 billion, up from SEK 4.5 billion, corresponding to a growth of 57 percent. The adjusted EBITA margin increased to 16.2 percent, compared to 13.6 percent last year.

Read more about Alimak Group’s strategic priorities, results and sustainability work in the Annual and Sustainability Report 2023. It is available on the Alimak Group website, corporate.alimakgroup.com.

For more information, please contact:
Sylvain Grange, CFO, Alimak Group
sylvain.grange@alimakgroup.com

Johnny Nylund, CCO, Alimak Group, +46 76 852 5759
johnny.nylund@alimakgroup.com

About Alimak Group
Alimak Group is a global provider of sustainable vertical access and working at height solutions, listed on Nasdaq Stockholm. With presence in more than 120 countries, the Group develops, manufactures, sells and services vertical access and working at height solutions with focus on adding customer value through enhanced safety, higher productivity and improved cost efficiency. The Group has a large installed base of elevators, service lifts, temporary and permanent hoists and platforms and building maintenance units around the world. The solutions portfolio also comprises of height safety protective equipment, load measurement & control, lifting & handling, and a global after-sales business model, with recurring revenue from spare parts and services such as inspection, certification, maintenance, refurbishments, replacements and training. Founded in Sweden 1948, the Group has its headquarters in Stockholm, 26 production and assembly facilities in 15 countries and approximately 3,000 employees. corporate.alimakgroup.com

This information is information that Alimak Group is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-03-19 08:00 CET.

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Annual and Sustainability Report 2023

Datum 2024-03-19, kl 08:00
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Annual and Sustainability Report 2023
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