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  • Dometic Group
    Hemvärnsgatan 15 SE-171 54 Solna Sweden
    +46 8 501 025 00
    http://www.dometic.com
  • Press Contact

    Global PR Manager


    Hemvärnsg 15
    +46 8 501 02 541
    +46 761 011 064
    https://www.dometic.com/en/se/about-us/pr-and-media

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    “There is a huge demand for high-end food delivery, yet physical products are lagging behind. With the Dometic DeliBox, we’ve reimagined food delivery and developed a product that can be a real differentiator for restaurants and ordering and delivery platforms. We’ve used our expertise in temperature-controlled solutions to create something new, something unique and something that fills an important market need in the food and beverage industry.”
    Peter Kjellberg, Chief Marketing Officer and Head of Other Verticals at Dometic
    Since the pre-launch of the product earlier this year, the Dometic MoBar has gained great traction and enthusiasts from industry partners. We’re pleased to be able to start distributing this much appreciated innovation to the market. “We know that there is a need for stylish and quality mobile outdoor beverage cooling. With our expertise coupled with smart Scandinavian design, we believe the Dometic MoBar will meet the needs of design conscious consumers looking for outstanding products for their outdoor living space.
    Peter Kjellberg, Chief Marketing Officer and Global Head of Other Verticals at Dometic
    Staycation is an established trend in the US but now, because of the Covid-19 outbreak, it has become a global norm. In Sweden, most of the people will not travel abroad for vacation. Instead, they will stay in Sweden. “Noticeably, they will use their own vehicles to take domestic vacations and spend several days outdoors. And, for many, this will be a new experience. Interestingly, the staycation trend is rapidly growing in the younger generation. “Dometic is the leading company in the world when it comes to providing solutions for mobile living. Our solutions will satisfy the demands that Staycation will create.”According to this online survey done in May, 61% of Swedes planned for a summer vacation abroad before the outbreak. But now, with the pandemic, only 25% are still planning to go abroad. This means 75% of Swedes are planning to stay in Sweden this summer.
    Peter Kjellberg, Chief Marketing Officer & Head of Group Sector Other Verticals at Dometic
    Dometic MoBar™ is filling a gap in the market where design and functionality do not co-exist today. With our industry leading refrigeration technology and experience in outdoor products with stylish design, we see a big potential for Dometic to be a leading brand in this segment.
    Peter Kjellberg, Chief Marketing Officer & Head of Global Sector Other Verticals at Dometic
    Our aim is to accelerate the profitable expansion, to become an innovation leader in our application areas and to build a larger industrial company with a focus on delivering both leisure and professional solutions to the market
    Juan Vargues, CEO of Dometic
    We have grown our net sales, improved our margin and delivered strong cash flow over the last five years. We are now in a good position to open the door to an even greater future. By leveraging on our deep knowledge of the company’s core technologies and addressing application areas instead of vertical segments we want to reposition the company. We believe this strategy will offer great growth opportunities
    Juan Vargues, CEO of Dometic
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    REPORT ON THE THIRD QUARTER 2024

    WEAKENED MARKET CONDITIONS IMPACTED FINANCIAL PERFORMANCE THIRD QUARTER 2024 · Net sales were SEK 5,647 m (6,830); a decrease of -17%, of which -14% was organic growth. · Operating profit (EBITA) before items affecting comparability was SEK 483 m (973), corresponding to a margin of 8.6% (14.3%). · Operating profit (EBIT) was negatively impacted by a non-cash goodwill impairment of SEK 2,000 m. · Operating profit (EBIT) was SEK -1,673 m (788), corresponding to a margin of -29.6% (11.5%). The margin was 5.8% (11.5%) excluding the goodwill impairment. · Profit for the

    Dometic will perform a non-cash goodwill impairment impacting the third quarter result

    After conducting an assessment of the carrying value of Dometic’s assets and considering the macroeconomic situation and weakened market conditions highlighted in a press release on September 17, 2024, Dometic will perform a non-cash goodwill impairment of SEK 2.0 b., negatively impacting the operating profit (EBIT) for segment Land Vehicles Americas in the third quarter 2024. The impairment will not have any impact on EBITA, cash flow or the net debt to EBITDA leverage ratio. Dometic's report for the third quarter will be published on October 23, 2024. FOR FURTHER INFORMATION, PLEASE

    Invitation to conference call and webcast presentation of Dometic’s Q3 2024 interim report

    Dometic Group AB (publ) will publish its Q3 2024 interim report at around 07.30 CEST on Wednesday, October 23, 2024. On the same day at 09.00 CEST, Dometic will host a conference call and webcast to present the results. To view and listen to the webcastThe presentation can be followed live via webcast and will also be available afterwards. The presentation will be held in English. The report and the presentation material will be available on Dometic’s website: https://www.dometicgroup.com/en-us/investors Webcast link: https://dometic.videosync.fi/2024-10-23-q3-2024/registerTo

    Weakened market conditions impact Dometic’s financial performance in the third quarter

    The current macroeconomic situation and market conditions, including high interest rates, lower consumer spend and customer purchasing patterns, are having a negative impact on Group net sales. As a result, Group organic net sales for the third quarter are expected to decline by approximately 15% compared to the same period previous year, with an EBITA margin before items affecting comparability in the range of 8-9%. Supported by a continued robust operating cash flow, we expect the net debt to EBITDA leverage ratio to be approximately 3.1x, compared to 2.9x at the end of the second quarter

    REPORT ON THE SECOND QUARTER 2024

    INCREASED MARGIN, STRONG OPERATING CASH FLOW AND IMPROVED LEVERAGE SECOND QUARTER 2024 · Net sales were SEK 7,662 m (8,329); a decrease of -8%, of which -8% was organic growth. · Operating profit (EBITA) before items affecting comparability) was SEK 1,069 m (1,177), corresponding to a margin of 14.0% (14.1%). Excluding a previously disclosed one-time positive effect of SEK 33 m in the second quarter 2023, the margin for the second quarter 2023 was 13.7%. · Operating profit (EBIT) was SEK 903 m (985), corresponding to a margin of 11.8% (11.8%). · Profit for the quarter was

    Invitation to conference call and webcast presentation of Dometic’s Q2 2024 interim report

    Dometic Group AB (publ) will publish its Q2 2024 interim report at around 08.00 CEST on Thursday, July 18, 2024. On the same day at 10.00 CEST, Dometic will host a conference call and webcast to present the results. To view and listen to the webcastThe presentation can be followed live via webcast and will also be available afterwards. The presentation will be held in English. The report and the presentation material will be available on Dometic’s website: https://www.dometicgroup.com/en-us/investors Webcast link: https://dometic.videosync.fi/2024-07-18-q2-2024/registerTo

    REPORT ON THE FIRST QUARTER 2024

    CONTINUED EBITA MARGIN IMPROVEMENT AND A SOLID OPERATING CASH FLOW FIRST QUARTER 2024 · Net sales were SEK 6,527 m (7,289); a decrease of -10%, of which -12% was organic growth. · Operating profit (EBITA) before items affecting comparability was SEK 769 m (847), corresponding to a margin of 11.8% (11.6%). · Operating profit (EBIT) was SEK 611 m (667), corresponding to a margin of 9.4% (9.2%). · Profit for the period was SEK 273 m (334). · Earnings per share were SEK 0.85 (1.04). Adjusted earnings per share were SEK 1.21 (1.44). · Operating cash flow was SEK 212 m (294)

    Bulletin from the Annual Shareholders’ Meeting of Dometic Group AB (publ)

    The annual shareholders’ meeting of Dometic Group AB (publ) was held on Thursday, April 11, 2024 in Stockholm. The board of directors resolved that the shareholders could exercise their voting rights in advance (postal voting) in accordance with the Articles of Association. Income Statement and Balance Sheet and Discharge of Liability The annual shareholders’ meeting adopted the income statement and balance sheet and the consolidated income statement and balance sheet for the financial year 2023 as presented. The members of the board of directors and the company’s CEO were discharged

    Invitation to conference call and webcast presentation of Dometic’s Q1 2024 interim report

    Dometic Group AB (publ) will publish its Q1 2024 interim report at around 08.00 CEST on Friday, April 19, 2024. On the same day at 10.00 CEST, Dometic will host a conference call and webcast to present the results. To view and listen to the webcastThe presentation can be followed live via webcast and will also be available afterwards. The presentation will be held in English. The report and the presentation material will be available on Dometic’s website: https://www.dometicgroup.com/en-us/investors Webcast link: https://dometic.videosync.fi/2024-04-19-q1-2024/registerTo

    Dometic reports restated financials for new segment structure

    · As previously announced, Dometic is changing its segment reporting structure from the reporting of the Q1 2024 interim report. · Restated financials for the new segment structure for the period 2022 to 2023, full year and by quarter, are now available at https://www.dometicgroup.com/en-us/investors · On Thursday March 28, 2024, at 09.00 CET, Dometic invites analysts and investors to a webcast/conference call about the restated financials with President & CEO Juan Vargues and CFO Stefan Fristedt. See dial-in details below. Dometic is on a transformation journey and are gradually

    Invitation to conference call and webcast presentation of Dometic’s restated financials for the new segment structure

    · As previously announced, Dometic is changing its segment reporting structure from the Q1 2024 interim report. · On March 28, 2024, at 09.00 CET, Dometic invites analysts and investors to a webcast/conference call about the restated financials with President & CEO Juan Vargues and CFO Stefan Fristedt. See dial-in details below. · Restated financials for the period 2022 to 2023, full year and by quarter, will be available March 27, 2024, at  www.dometic.com/en/se/about-us/investors WEBCAST/CONFERENCE CALL FOR ANALYSTS AND INVESTORS A webcast/conference call where President & CEO

    DOMETIC PUBLISHES THE 2023 ANNUAL AND SUSTAINABILITY REPORT

    Dometic Group AB (publ) today announces that the company’s 2023 Annual and Sustainability Report is now published and available at https://www.dometicgroup.com/en/investors  The 2023 Remuneration report is published and available at the dometicgroup.com site for Corporate governance .   This information is information that Dometic Group AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 08:00 CET on March 19, 2024.   FOR

    Notice of Annual Shareholders’ Meeting of Dometic Group AB (publ)

    The shareholders in Dometic Group AB (publ) (reg. no. 556829-4390) are hereby summoned to the annual shareholders' meeting on Thursday, April 11, 2024 at 1.00 pm at Hotel At Six, Brunkebergstorg 6, SE-111 51 Stockholm. Registration starts at 12.30 pm.   The board of directors has decided that the shareholders will also be able to exercise their voting rights in advance (postal voting) in accordance with the Articles of Association, please see further instructions under “Postal voting” below.   Registration and notification A) Shareholders who wish to participate in the annual

    REPORT ON THE FOURTH QUARTER 2023

    INCREASED MARGIN AND IMPROVED NET DEBT LEVERAGE FOURTH QUARTER 2023 · Net sales were SEK 5,327 m (6,172); a decrease of -14%, of which -13% was organic growth. · Operating profit (EBITA) before items affecting comparability was SEK 465 m (430), corresponding to a margin of 8.7% (7.0%). · Operating profit (EBIT) was SEK 242 m (236), corresponding to a margin of 4.5% (3.8%). · Profit for the quarter was SEK 51 m (27). · Earnings per share were SEK 0.16 (0.09). Adjusted earnings per share were SEK 0.67 (0.54). · Operating cash flow for the quarter was SEK 488 m (1,117).

    Invitation to conference call and webcast presentation of Dometic’s Q4 and year-end report 2023

    Dometic Group AB (publ) will publish its Q4 and year-end report 2023 at around 08.00 CET on Wednesday, January 31, 2024. On the same day at 10.00 CET, Dometic will host a conference call and webcast to present the results. To view and listen to the webcastThe presentation can be followed live via webcast and will also be available afterwards. The presentation will be held in English. The report and the presentation material will be available on Dometic’s website: https://www.dometicgroup.com/en-us/investors Webcast link: https://dometic.videosync.fi/2024-01-31-q4-2023/registerTo

    REPORT ON THE THIRD QUARTER 2023

    IMPROVED EBITA MARGIN AND STRONG CASH FLOW    THIRD QUARTER 2023 · Net sales were SEK 6,830 m (7,576); a decrease of -10%, of which -12% was organic growth. · Operating profit (EBITA) before items affecting comparability was SEK 973 m (1,057), corresponding to a margin of 14.3% (14.0%). · Operating profit (EBIT) was SEK 788 m (575), corresponding to a margin of 11.5% (7.6%). · Profit for the quarter was SEK 412 m (436). · Earnings per share were SEK 1.29 (1.36). Adjusted earnings per share were SEK 1.71 (2.53). · Cash flow for the quarter was SEK -1,961 m (488). A

    Invitation to conference call and webcast presentation of Dometic’s Q3 2023 interim report

    Dometic Group AB (publ) will publish its interim report for the third quarter 2023 at around 08.00 CEST on Thursday, October 26, 2023. On the same day at 10.00 CEST, Dometic will host a conference call and webcast to present the results. To view and listen to the webcastThe presentation can be followed live via webcast and will also be available afterwards. The presentation will be held in English. The report and the presentation material will be available on Dometic’s website: https://www.dometicgroup.com/en-us/investors Webcast link: https://dometic.videosync.fi/2023-10-26-q3-2023/

    REPORT ON THE SECOND QUARTER 2023

    CONTINUED SOLID EARNINGS AND RECORD-HIGH OPERATING CASH FLOWSECOND QUARTER 2023 · Net sales were SEK 8,329 m (8,498); a decrease of -2%, of which -10% was organic growth. · Operating profit (EBITA) before items affecting comparability was SEK 1,177 m (1,330), corresponding to a margin of 14.1% (15.7%). · Items affecting comparability were SEK -35 m (-14). · Operating profit (EBITA) was SEK 1,143 m (1,316), corresponding to a margin of 13.7% (15.5%). · Operating profit (EBIT) was SEK 985 m (1,166), corresponding to a margin of 11.8% (13.7%). · Profit (loss) for the

    Invitation to conference call and webcast presentation of Dometic’s Q2 2023 interim report

    Dometic Group AB (publ) will publish its interim report for the second quarter 2023 at around 08.00 CEST on Tuesday, July 18, 2023. On the same day at 10.00 CEST, Dometic will host a conference call and webcast to present the results. To view and listen to the webcastThe presentation can be followed live via webcast and will also be available afterwards. The presentation will be held in English. The report and the presentation material will be available on Dometic’s website: https://www.dometicgroup.com/en-us/investors Webcast link: https://dometic.videosync.fi/2023-07-18-q2-2023/

    REPORT ON THE FIRST QUARTER 2023

    EBITA MARGIN OF 11.6% AND SIGNIFICANTLY IMPROVED OPERATING CASH FLOWFIRST QUARTER 2023 · Net sales were SEK 7,289 m (7,518); a decrease of -3%, of which -13% was organic growth. · Operating profit (EBITA) before items affecting comparability was SEK 847 m (1,114), corresponding to a margin of 11.6% (14.8%). · Items affecting comparability were SEK -26 m (-159). · Operating profit (EBITA) was SEK 821 m (955), corresponding to a margin of 11.3% (12.7%). · Operating profit (EBIT) was SEK 667 m (812), corresponding to a margin of 9.2% (10.8%). · Profit (loss) for the

    Invitation to conference call and webcast presentation of Dometic’s Q1 2023 interim report

    Dometic Group AB (publ) will publish its interim report for the first quarter 2023 at around 08.00 CEST on Wednesday, April 26, 2023. On the same day at 10.00 CEST, Dometic will host a conference call and webcast to present the results. To view and listen to the webcastThe presentation can be followed live via webcast and will also be available afterwards. The presentation will be held in English. The report and the presentation material will be available on Dometic’s website: https://www.dometicgroup.com/en-us/investors Webcast link: https://dometic.videosync.fi/2023-04-26-q1-2023/

    Bulletin from the Annual Shareholders’ Meeting of Dometic Group AB (publ)

    The annual shareholders’ meeting of Dometic Group AB (publ) was held on Wednesday, April 12, 2023 in Stockholm. The board of directors resolved that the shareholders could exercise their voting rights in advance (postal voting) in accordance with the Articles of Association.Income Statement and Balance Sheet and Discharge of Liability The annual shareholders’ meeting adopted the income statement and balance sheet and the consolidated income statement and balance sheet for the financial year 2022 as presented. The members of the board of directors and the company’s CEO were discharged

    Dometic renews its bank credit facilities agreement and signs credit facility with Svensk Exportkredit

    Dometic has refinanced part of its credit facilities agreement with its bank group. The previous agreement covers a first part expiring in 2024 and a second part expiring in 2025. The renewed financing covers: · A floating rate term loan of USD 210 m previously expiring in 2024 has been replaced with a USD 220 m floating rate term loan with a 3+1+1 year maturity (3 years with two 1-year extension options). · The revolving credit facility of EUR 200 m previously expiring in 2024 has been replaced with a 3+1+1 year maturity (3 years with two 1-year extension options). In addition,

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