Höganäs Year-End Report 2012
Focus on cash flow and adapting our organisation to a weaker market “As expected, market conditions were fairly unfavourable in the quarter. Good sales were achieved on most Asian markets apart from Japan and India, but conditions were harsher elsewhere. The staff reductions we announced in our previous Interim Report have been executed. We adapted production and stock levels in the quarter, which affected income negatively, but contributed to record-high cash flow for the full year 2012. This strengthens Höganäs for 2013. Other bright spots in the quarter included our notable success