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  • Liselotte Stray

    Head of Group Communications


    +46 76 852 38 11

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    A strong quarter
    Mattias Johansson, CEO and Group President Bravida
    Continued good performance
    CEO and Group President, Mattias Johansson
    Good growth and stable underlying operating margin
    Mattias Johansson, CEO and Group President, Bravida
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    Bravida is growing in Värmland, Sweden – acquires NPI Ventilation AB

    Bravida Sverige AB acquires NPI Ventilation AB and strengthens the position within ventilation in Värmland, Sweden. The company has 16 employees and a turnover of approximately SEK 45 million in 2018.NPI Ventilation offers all types of installation and service in the field of ventilation and specializes in solutions for large logistic facilities. They have their establishment in Kristinehamn, but follow their clients on projects across the country. The customer base consists of both local and regional construction companies. “This acquisition is a building block to further strengthen our

    Bravida signs agreement to acquire operations from Östervåla VVS AB

    Bravida has signed an asset transfer agreement with Östervåla VVS AB, thus strenghtening its heating and plumbing operations in the Swedish region of Uppland with 14 new employees.Östervåla VVS was founded in 1977 and has since been offering heating and plumbing installations and service to customers in the Swedish regions of Uppland and Mälardalen. The customer base is mixed and includes for example municipalities, county councils, construction companies and individuals. Bravida has signed an agreement with Östervåla VVS AB to acquire the company’s assets. “We saw a need to strengthen

    Bravida acquires HVAC company in Stockholm

    Bravida acquires AB Venair, thereby strengthening its position in HVAC in the Stockholm area. AB Venair is estimated to have sales of approximately SEK 200 million in 2019.AB Venair is a leading player within HVAC in Stockholm. The company was founded in 1969 and has since been operating mainly in the Stockholm area. AB Venair's specialty is energy-efficient HVAC systems in public, industrial and commercial premises. The company's 11 employees mainly focus on design and project management, while the installation work is carried out by subcontractors. Lars Täuber, Head of Bravida’s

    Bravida acquires Karby VVS – strengthens position in Sigtuna, Märsta and Arlanda

    Bravida has signed an agreement to acquire Karby VVS AB. Through the acquisition, Bravida strengthens its position in plumbing and energy efficient solutions in Sigtuna, Märsta and the Arlanda area.Karby VVS has 14 employees and a turnover of approximately SEK 42 million. The operations focus on new-builds, service and renovation and extension projects within HVAC, energy optimization, smart energy solutions, heat pump installations and solar cell installations for companies and individuals. Johan Brodin, regional manager of Bravida region Uppland, is pleased with the acquisition: “

    Bravida acquires HVAC-company in Central Finland

    Bravida Finland Oy expands its offering by acquiring Jyväskylän LVI-Palvelu Oy, a HVAC-company in Central Finland. The company has 10 employees and a turnover of approximately SEK 19 million.Jyväskylän LVI-Palvelu Oy specializes in service and installation within heating, plumbing and ventilation. Their service competence will strengthen Bravida’s current offering within these areas. “Bravida’s growth strategy is clear and this acquisition strengthens our position in Central Finland and expands our service offering. Jyväskylän LVI-Palvelu Oy is a well-run company with competent and

    Bravida acquires electrical company and complement their offering in Gävle, Sweden

    Bravida has signed an agreement to acquire El-teknik i Gävle AB. Through the acquisition, Bravida complements their current offering with services within electricity and becomes a total supplier in the area. El-teknik has 34 employees and a turnover of approximately SEK 42 million.El-teknik work with various services within service and installation of electricity and security solutions. They operate in the entire Gävle-area and in the area around Sandviken, Sweden. “Until now, we have only offered services within heating & plumbing and ventilation in the area around Gävle. El-teknik has

    Bravida continues Denmark aquisitions – strengthens service business in Copenhagen

    Bravida Denmark A/S acquires the Copenhagen-based company MIH VVS ApS, strengthening its presence within service in the capital area. MIH VVS has around 70 employees and had a turnover of approximately DKK 72 million in 2018.MIH VVS is a HVAC and electrical company which focuses on service and smaller installations assignments to private customers, tenants, property owners, and district heating suppliers. “This acquisition strengthens our foothold in central Copenhagen. We realized quickly that MIH VVS has a good combination of solid service agreements, an attractive location, and

    Bravida strengthens position in Bohuslän, Sweden – acquires Herberts Rör AB

    Bravida acquires Herberts Rör AB and strengthens its position in Bohuslän. The company has 37 employees and had a turnover of approximately SEK 56 million in 2018.Herberts Rör AB offers service and installation within HVAC. The company also runs a store in Stenungsund. The customer base is primarily local building companies, the municipality and private customers. The company is based in Stenungsund and is also represented on Tjörn and in Gothenburg. “With the acquisition of Herberts Rör we are strengthening our HVAC offering in Bohuslän even further. On top of that we will also get

    Bravida strengthens offering in camera surveillance – acquires SanTek Kameraövervakning AB

    Bravida has entered into an agreement regarding the acquisition of SanTek Kameraövervakning AB’s operations. Through the acquisition, Bravida strengthens its position in camera surveillance in Sweden. The business has 20 employees and a turnover of approximately SEK 30 million.SanTek Camera Surveillance AB is one of Sweden's leading end-user providers of camera surveillance. Since 1997, the company has specialized in camera surveillance with solutions from established video platforms. The company’s customers are mainly found in retail and logistics. “An important strategic goal for

    Bravida strengthens position in eastern Denmark

    Bravida Danmark A/S acquires the Sealand-based electrical installation company H. Helbo Hansen, one of the leading electrical companies in eastern Denmark. H. Helbo Hansen has 75 employees and had a turnover of approximately DKK 80 million in 2018.H. Helbo Hansen was founded in Taastrup in 1918 and is a leading player in electrical installation and services in eastern Denmark. The company is headquartered in Hedehusene and has operations in Copenhagen and the surrounding area, as well as in several locations on the Danish island of Sealand. “With the acquisition of H. Helbo Hansen,

    Bravida Denmark is growing – acquires heating and plumbing company in Rødovre

    On 1 March, Cura VVS A/S becomes part of Bravida Denmark's operations in the Copenhagen area. The acquisition strengthens Bravida's existing heating and plumbing operations in the area. The company has a turnover of approximately DKK 95 million.Cura VVS has about 60 employees who mainly work with service and renovation within heating, plumbing and ventilation. The company has three main business areas: general service, technical solutions for hospitals, and installations. “I am very pleased to welcome all Cura VVS employees to Bravida. The business is well run, with an attractive order

    Bravida acquires electrical business and becomes end-to-end provider in Örnsköldsvik, Sweden

    Bravida has signed an agreement to acquire A. Bylunds Elektriska AB, an electrical company in Örnsköldsvik, Northern Sweden. The company complements Bravida’s existing offer and makes Bravida an end-to-end provider within electrical, heating & plumbing, and HVAC in the Örnsköldsvik area.A. Bylunds Elektriska AB specialises in service and installation within electrical, telecom, data, and security systems. The company, which was founded in 1991, has 43 employees and a turnover of approximately SEK 40 million.  “The Örnsköldsvik area is a very interesting market, where we have previously

    Bravida acquires Danish Insight Building Automation A/S

    Bravida acquires Insight Building Automation A/S, a Danish company specializing in building automation and BMS (Building Management Systems). The business has 22 employees and offices in Silkeborg and Roskilde.Insight Building Automation is one of Denmark's largest suppliers of advanced BMS systems. The company offers quality solutions for the control and monitoring of technical systems in buildings, including system integration of access control and fire alarms. “With the acquisition of Insight Building Automation, Bravida strengthens the competence in consulting, control and monitoring

    Bravida strengthens electrical market position in Swedish province of Södermanland

    Bravida is acquiring Elbolaget Glödlampan and its subsidiary, Strängnäs Elmän AB, bolstering its position within electricity in the Swedish province of Södermanland. The companies have 18 employees in total and annual sales of approximately SEK 20 million.Elbolaget Glödlampan AB was founded 1992 and operates in the Swedish city of Flen with surroundings, and its subsidiary Strängnäs Elmän AB in Strängnäs with surroundings. The companies offer service, installation and automation, which will supplement Bravida’s local customer offering.“We regard the province of Södermanland as a highly

    Bravida strengthens offering within cooling – acquires service operations from Carrier Refrigeration Sweden

    Bravida is acquiring Carrier Refrigeration Sweden’s service operations in Stockholm, Göteborg and Malmö, bolstering its position within cooling. The business has 37 employees and annual sales of approximately SEK 50 million.Carrier Refrigeration Sweden AB, a part of Carrier Commercial Refrigeration, is world leading within equipment for commercial refrigeration, such as food storage cooling. Bravida is acquiring the Swedish service operations, currently based in Stockholm, Göteborg and Malmö.“Bravida has a strategic goal to become a leading service and installation partner within cooling

    Lars Täuber appointed as new Head of Division Stockholm in Bravida

    Lars Täuber will take over the position as Head of Division Stockholm and take place in Bravida’s Group Management.Lars Täuber will replace Filip Bjurström, who becomes part of the Bravida Group’s Acquisition Team. Lars Täuber will take over as Head of Division on 7th of January 2019. “It feels really good to welcome Lars as Head of Division Stockholm. We place great value on both his leadership skills and his many years of service experience. Bravida aims to grow both organically and through acquisitions, and Lars’ experiences from the industry and the Stockholm market are important to

    Interim report July–September 2018

    A strong quarter· Net sales increased by 13% to SEK 4,437 million (3,926) · Organic growth was 6% (6) · The order backlog was 1% higher at SEK 10,746 million (10,635) · EBITA increased by 20% to SEK 267 million (223) · The EBITA margin was 6.0% (5.7) · Profit after tax was SEK 202 million (164) · Cash flow from operating activities was SEK -132 million (-144) · Net debt amounted to SEK -2,062 million (-2,515) · Two acquisitions were completed in the quarter, adding annual sales of approximately SEK 86 million · Basic earnings per share were SEK 1.00 (0.81) and

    Bravida strengthens offering in Blekinge – acquires process piping company

    Bravida acquires Karlshamns Rörmontage, bolstering its market position within heating and plumbing in Blekinge. The company has 12 employees and annual sales of approximately SEK 20 million.Karlshamns Rörmontage offers service and installations for heating and plumbing solutions, mainly to the petroleum and processing industry. The company is located in Karlshamn but operates all over Sweden for different clients.“The acquisition further strengthens our heating and plumbing offering in Blekinge. In addition, we will gain more specialist competences within the processing industry – a field

    Bravida strengthens electrical market position in Swedish Skellefteå

    Bravida is acquiring Nyheden Fällfors El AB, bolstering its electrical market position in Skellefteå – a region of strong growth in northern Sweden. The acquired business offers services in service, installation and automation.Nyheden Fällfors El was founded in 1978 and operates in Swedish Skellefteå with surroundings. The company has 27 employees and annual sales of approximately SEK 40 million.“We regard Skellefteå as a highly attractive market where Bravida is represented within electrical, ventilation, heating and plumbing. The acquisition means that we are strengthening our

    Bravida strengthens offering in Skåne – acquires strong player within electrical

    Bravida is acquiring Lindsténs Elektriska AB, bolstering its market position within electrical in the south of Skåne in southern Sweden. The company has 137 employees and annual sales of approximately SEK 200 million.Lindsténs Elektiska offers service, installations and automation, mainly to construction companies, municipalities and industries. The company's establishments are located in Tomelilla, Ystad, Simrishamn, Lund and Landskrona, all in the Swedish region of Skåne.“The acquisition further strengthens our electrical offering in Lund and Landskrona. In addition, we will become the

    Bravida acquires its fifth company in Finland

    Bravida is acquiring Finnish Hangö Elektriska (Hangon Sähkö Oy), bolstering its position in southern Finland. The company has 90 employees and annual sales of SEK 160 million.Hangö Elektriska offers comprehensive electricity and HVAC solutions to customers in both Finland and Sweden. A significant part of the business consists of service. The acquisition means that Bravida gains an even stronger base in Finland. – Bravida has a clear strategy to grow in Finland and through this acquisition we will become an even stronger supplier in southern Finland. Hangö Elektriska is a well-run

    Interim report April–June 2018

    CONTINUED GOOD PERFORMANCE· Net sales increased by 11% to SEK 4,790 million (4,325) · Organic growth was 4% (0) · The order backlog was 6% higher at SEK 11,139 million (10,493) · EBITA increased by 10% to SEK 280 million (255) · The EBITA margin was 5.9% (5.9) · Adjusted EBITA was SEK 280 million (263) · The adjusted EBITA margin was 5.9% (6.1) · Profit after tax was SEK 212 million (186) · Cash flow from operating activities was SEK 319 million (150) · Net debt amounted to SEK -1,896 million (-2,343) · Three acquisitions were completed in the quarter, adding

    Bravida expands in Danish Skanderborg

    Bravida Denmark has signed an agreement to acquire P. Hermansen A/S, a heating, ventilation and sanitation company active in Skanderborg, eastern Jutland. In the Skanderborg region, P. Hermansen is the leading company in its market, both within service and installation.The company performs installation projects as well as smaller service assignments for both companies and private customers. It has long relationships with a number of the region’s larger customers and the order backlog going forward is stable. The company employs 38 people. During the last year P. Hermansen had a turnover of

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