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“This is a landmark transaction for Lesjöfors and the largest acquisition in its history. The transaction is a great fit with Beijer Alma’s model for value-adding acquisitions. With this acquisition, Lesjöfors has underlined its potential and ambition to increase scale internationally and build the leading spring, wire and flat strip component group.”
Beijer Alma’s CEO, Henrik Perbeck
Slowdown in most customer segments. Continued acquisition activity.
Henrik Perbeck, President and CEO, Beijer Alma
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Interim report January - June 2021

Continued strong demand and several new acquisitionsGroup Demand remained strong in most customer segments and geographic regions during the second quarter and the summer. The high level of activity in the industry has put a strain on supply chains, both in terms of raw materials and components. The Group reported a very strong improvement in order bookings, sales and operating profit relative to the second quarter of last year, which was affected by the pandemic. Cash flow remained at a favorable level. Order bookings and sales increased also compared with the first quarter. Operating

Lesjöfors divests S&P Federnwerk GmbH

Beijer Alma’s subsidiary Lesjöfors has today entered into an agreement to divest 100 percent of its shares in S&P Federnwerk GmbH.S&P Federnwerk GmbH is a German spring manufacturer whose customers are mainly active in the automotive and agricultural industries. The company has been part of Lesjöfors since 2013 and generated sales of approximately MSEK 110 in 2020 with about 60 employees. The decision to divest S&P was made following an evaluation of various strategic alternatives for the company, as its profitability has been unsatisfactory for Lesjöfors. In connection with the divestment,

Lesjöfors has acquired Alcomex, a leading and growing European door and industrial springs manufacturer

Beijer Alma’s subsidiary Lesjöfors has today acquired 88 percent of the shares in the Alcomex Group. With the transaction, Lesjöfors gains access to new geographies and a new product area, in line with its ambition to build the leading spring, wire and flat strip component group.Alcomex is a Dutch manufacturer of door and industrial springs with a stable, diversified and international customer base across various industries, such as residential overhead doors, industrial sectional doors, construction, fine mechanics and aftermarket-suspension. The company has a leading position in door

Beijer Tech signs agreement to acquire Källström Engineering Systems

Beijer Alma’s subsidiary Beijer Tech has today signed an agreement to acquire 85.6 percent of the shares in Källström Engineering Systems AB (“Källström”) The acquisition is expected to be finalized during the third quarter of 2021.Källström designs and produces equipment for filling, mixing, and handling of corrosive liquids, primarily for the international battery industry. The company has a high degree of technical expertise with nearly 30 years of experience from the industry and a well-established brand with long-term customer relationships. Källström’s sales amount to approximately

Interim report January - March 2021

Increased profitable growth thanks to strong recovery and strict cost control.Group Demand was favorable in most of the Group’s customer segments and geographic regions during the first quarter. Order bookings and sales increased both sequentially compared with the fourth quarter and compared with the year-earlier period. The operating margin improved significantly thanks to a competitive cost base and a favorable product and segment mix. Combined, this led to the strongest results in the Group’s history. Our cash flow was also stronger than in previous first quarters and was positively

Beijer Alma subsidiary Habia Cable exposed to data intrusion

Beijer Alma's subsidiary Habia Cable has been exposed to a data intrusion on Monday. It is limited to Habia Cable and does not affect Beijer Alma's other subsidiaries.The data intrusion affects Habia Cable's ERP system, which may result in delivery delays. The company will inform affected customers of the situation and will act in accordance with its Business Continuity Plan with a focus on returning to normal operations as soon as possible. Through Beijer Alma's cyber insurance, Habia Cable has access to leading IT security expertise to assess the extent of the intrusion and to take

Beijer Tech acquires Novosystems

Beijer Alma’s subsidiary Beijer Tech has today acquired 75 percent of the shares in Novosystems AB, Novosystems Östergötland AB and Novosystems Småland AB.Novosystems is active in building automation systems and offers energy-efficient solutions for public and private customers in Sweden. The company focuses on complete solutions for indoor environments through system integration and coordination, particularly in commercial and specialized buildings. The corporate group’s sales amount to approximately MSEK 50 with favorable profitability. In operational terms, Novosystems will be included

Beijer Tech acquires Noxon

Beijer Alma’s subsidiary Beijer Tech acquired 100 percent of the shares in Noxon AB from MVI today.Noxon provides decanter centrifuges, polymer machines, control systems and after-sales services related to water treatment in several applications. The company’s customers primarily comprise municipal wastewater treatment plants as well as customers in other industries, such as fishing, recycling, chemical, paper, and oil and gas. Its main markets are Sweden, Finland, Norway and Poland. The company has 38 employees and sales of about MSEK 70 with favorable profitability. Noxon will be part of

Press release from the Annual General Meeting of Beijer Alma AB (publ) on March 23, 2021

Beijer Alma AB (publ) held its Annual General Meeting on March 23, 2021. As a result of the extraordinary situation prevailing due to the COVID-19 pandemic, the Meeting was carried out by way of advance voting (postal voting), with no physical participation, with the support of temporary statutory requirements. The speeches by the Chairman and the CEO have been published on the company’s website, www.beijeralma.se.The following is a summary of the resolutions passed by the Meeting. For full details regarding all of the resolutions passed, refer to the Annual General Meeting documents

Pre-recorded statements in connection with the 2021 annual general meeting

The statements by Chairman of the Board Johan Wall, President and CEO Henrik Perbeck and CFO Erika Ståhl are now available (in Swedish) www.beijeralma.se.“As previously mentioned, last year ended on a relatively strong note. Although uncertainty remains, we all expect 2021 to be a better year than 2020. The most recent waves of the pandemic have had a much less severe impact on the industrial sector than on society as a whole. Moreover, the Group is stable, not only financially, but also in terms of our close proximity to our customers, which in the long term has created a robust business

Notice of the Annual General Meeting of Beijer Alma AB (publ)

The shareholders in Beijer Alma AB (publ) (556229-7480), with its registered office in Uppsala, Sweden, are invited to attend the Annual General Meeting on March 23, 2021.As a result of the extraordinary situation prevailing due to the COVID-19 pandemic, this year’s Annual General Meeting will be conducted in a different way than usual. Beijer Alma AB is committed to protecting the health of its shareholders and supports the efforts to limit the spread of the virus. To reduce the risk of spread and taking into consideration the government’s restrictions and recommendation that public

Year-end report 2020

Strong final quarter despite continued global uncertaintyGroup The fourth quarter was characterized by a clear recovery and favorable demand in several industrial customer segments. The second wave of the COVID-19 pandemic has not had the same impact on our customers as it did during the spring. For Beijer Alma, order bookings and sales improved, returning to the previous year’s levels. Thanks to a lower cost base and a favorable product mix, the underlying operating margin was up year-on-year. Cash flow was strong. We have maintained a high level of preparedness in the event of further

New number of votes in Beijer Alma AB

The number of votes in Beijer Alma AB has changed as a result of the conversion of a total of 25,000 Class A shares to 25,000 Class B shares. The conversion was conducted with the support of the option for Class A shareholders to request conversion of Class A shares to Class B shares that was entered into the Articles of Association at the 2015 Annual General Meeting.Following the conversion, there are a total of 60,262,200 registered shares of which 6,570,000 are Class A shares and 53,692,200 are Class B shares. As of October 31, 2020, the number of votes in the company amounts to 119,392,

Interim report January - September 2020

Clear recovery, but uncertainty remains.Group The third quarter was characterized by a gradual recovery from the previous quarter’s weak demand, as society reopened and the global economy resumed. For Beijer Alma, this entailed improved order bookings and sales, albeit not at the previous year’s levels. Thanks to a continued focus on costs and a favorable product mix, however, the operating margin was up year-on-year. Cash flow remained strong, despite increased activity during the quarter. There is still significant uncertainty in the strength of the recovery in different industries as

Downturn due to COVID-19 but the Group is standing strong for the future

As expected, the second quarter was affected by COVID-19 in the form of extensive lockdowns across all of society and a historic downturn in the global economy.Group For Beijer Alma, the primary effect was a sharp drop in order bookings and sales across several businesses. Earnings were also impacted by restructuring costs totaling MSEK 22. The Group has successfully addressed developments through a strong, clear focus on cash flow and through measures to reduce our costs, such as the application of furlough schemes in large portions of production. Throughout the spring, we continued to

Beijer Tech acquires INU Group

Beijer Alma’s subsidiary Beijer Tech entered into an agreement today to acquire 75 percent of the shares in INUinvest AB, consisting of INUstyr together with its sister companies.INUstyr is active in building automation systems and offers energy efficient solutions for public and private customers in Sweden. The company focuses on complete solutions for indoor environments through system integration and coordination, particularly in commercial and specialized buildings. The corporate group’s sales amount to approximately MSEK 110 with favorable profitability.   Beijer Tech’s President,

Beijer Alma interim report Q1, 2020

Varied demand and acquisition-driven growth, with limited impact from COVID-19.Group Demand remained varied during the first quarter. The slowdown at the end of last year also marked the first quarter. Growth was acquisition-driven and a further two companies were acquired at the beginning of the year. During the quarter, the COVID-19 pandemic had a limited negative impact on Beijer Alma’s operations, revenues and earnings, although our production in China was suspended for a couple of weeks. However, the effects of COVID-19 moving forward are difficult to assess. Since the spread of

Press release from the Annual General Meeting on March 25, 2020

Extract from President and CEO Henrik Perbeck’s statement at the Annual General Meeting.“Looking at the economic situation in general, the slowdown at the end of last year also marked the early part of 2020. Added to this is the impact that the coronavirus outbreak has had on countries and markets across the globe. This has also affected Beijer Alma, primarily our operations in China, where production was down for a couple of weeks. The corona pandemic did not have any material negative impact on operations, income and earnings in January and February. It is, however, very difficult to

Pre-recorded statement from president and CEO

Pre-recorded statement (in Swedish) by President and CEO Henrik Perbeck for Beijer Alma’s Annual General Meeting March 25, 2020.Extract from President and CEO Henrik Perbeck’s statement at the Annual General Meeting. “Looking at the economic situation in general, the slowdown at the end of last year also marked the early part of 2020. Added to this is the impact that the coronavirus outbreak has had on countries and markets across the globe. This has also affected Beijer Alma, primarily our operations in China, where production was shut down for a couple of weeks. The corona pandemic did

Beijer Alma adapts dividend as a result of prevailing uncertainty in the market

The corona pandemic has not had material negative impact on Beijer Alma’s operations, income and earnings in January and February. Development moving forward, however, is very difficult to predict and there is a risk that there will be a deterioration in market conditions, which is why Beijer Alma is taking measures to strengthen its preparedness and increase its flexibility.In light of these concerns, the Board of Directors of Beijer Alma proposes a cash dividend of SEK 2.50 per share to the Annual General Meeting, rather than SEK 5.10 per share as previously communicated. It is the Board

Changes to Beijer Alma’s 2020 Annual General Meeting

To reduce the risk of spreading the coronavirus, certain temporary changes have been made to Beijer Alma’s Annual General Meeting to be held at 6:00 p.m. on March 25, 2020 in the Main Hall (Stora salen) of the Uppsala Concert and Conference Hall (Uppsala Konsert & Kongress).Out of consideration for the health of our shareholders, a number of precautionary measures have been taken. Among other changes, refreshments will not be served before or after the meeting. The exhibits that usually precede the meeting – during which the Group’s subsidiaries and partners present their operations – have

Erika Ståhl appointed as new CFO of Beijer Alma

Erika Ståhl has been appointed as the new CFO of Beijer Alma. Bringing extensive experience of international industry, she will join the Group from the listed company Dometic Group. Erika Ståhl will succeed Jan Blomén, who plans to retire during the year.Erika Ståhl will take office as CFO in August 2020 at the latest. She is 49 years old and holds a master’s degree in business administration from Jönköping University. She has served as Head of Group Business Control at Dometic Group since 2013. Prior to that, she held various positions, including 12 years in different controller roles

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