Zound delivered second consecutive year of record-breaking performance
Zound Industries has achieved new highs with a second year in a row of record revenues. Net sales rose 44 percent to SEK 3,102 million with Zound breaking the 3 billion SEK barrier and hitting double-digit profitability with an operating margin of 10.3 percent, equivalent to an operating profit of SEK 319 million. With strong growth across all product categories, channels, markets, and showing profitability in all four quarters, 2022 was Zound’s best year to date.Zound is the powerhouse behind the Marshall, adidas and Urbanears speakers and headphones brands. The company is on a mission to