Nordec Group grew profitably and continued to invest in the development of its business during 2023.
Year 2023 highlights · Strong performance in the execution of Nordec’s strategy continued. Our teams were strengthened, particularly within sales and design management, and modernization investments in factories continued. Within sustainability, low-carbon solutions were developed further during the year. · Nordec Group continued its strong financial performance in 2023; revenue grew by 6,2 % to EUR 329,2 million. Adjusted EBITDA improved to EUR 27,0 million, amounting to 8,2 % of revenue. · Operating cash flow was clearly positive, and the balance sheet strengthened.Nordec Group