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Contacts

  • Ependion AB
    Box 426 201 24 MALMÖ
    +4640358400
    http://www.ependion.com
  • Joakim Laurén

    CFO/IR Manager


    +46 (0)703 35 84 96
  • Annika Johnsson

    Executive Assistant/IR Assistant


    +46 (0)40 35 86 55
    http://www.ependion.com
  • Jenny Sjödahl

    President and CEO


    +46 725 89 60 80
  • Quotes

    During the second quarter, order intake, EBIT and cash flow improved. We see the stable development of Ependion’s business despite the prevailing uncertainty as a clear sign of strength.
    Jenny Sjödahl, President and CEO
    Order intake for the period increased by 5 percent to 551 MSEK, adjusted for currency effects. Despite a turbulent global environment, we continue to see a high level of activity among our customers.
    Jenny Sjödahl, President and CEO
    "It is particularly gratifying to make a deal with such strong strategic logic: Westermo steps into a new yet closely related technology area – Edge Computing – and accelerates growth in the energy segment, while there is potential for significant sales synergies when the businesses are combined. Welotec is a well-managed and profitable growth company that will become Westermo's technology centre within Edge Computing.
    Jenny Sjödahl, President and CEO of Ependion
    Ependion’s fourth quarter of 2024 exceeded expectations, with order intake increasing by 20 percent to 572 MSEK. The increase covered both business entities and all focus segments.
    Jenny Sjödahl, President and CEO
    We have balanced continued offensive investments in line with our growth strategies with short-term measures to mitigate the impact of the downturn on our results.
    Jenny Sjödahl, President and CEO
    At the same time as the Group focuses on cost savings, we continue with important forward-looking investments such as the establishment in India and investments in new technology.
    Jenny Sjödahl, President and CEO
    This is our first major order in India following our decision to establish a legal entity in the country and we are well prepared to serve the fast-growing rail and trackside segments in India. We are also delighted to partner with Siemens Mobility.
    Jenny Sjödahl, President and CEO
    Westermo is the global market leader in communication on board trains. With this strategic investment and partnership, we are strengthening our position in the connected trains market by gaining access to ground-breaking new technology for train-to-ground communication. We see great potential for mmWave technology in the rail sector.
    Jenny Sjödahl, President and CEO
    With an EBIT margin of 12.4%, the Group succeeded better in mitigating the negative effects on the bottom line than during the fourth quarter last year.
    Jenny Sjödahl, President and CEO
    With the fourth quarter behind us, we can summarize a new record year for the group in terms of sales, earnings and cash flow.
    Jenny Sjödahl, President and CEO
    Ependion increased its EBIT for the third quarter in a row to a record level of 89 MSEK.
    Jenny Sjödahl, President and CEO
    This win is a confirmation of our strong position in the energy sector for large-scale remote access equipment deployments where quality and reliability capabilities are so essential. The deep technical expertise and support capabilities of our team in Dublin are a great foundation for winning partnerships with large customers.
    Jenny Sjödahl, President and CEO
    For Ependion, the quarter meant new records for order intake, revenue and profit.
    Jenny Sjödahl, President and CEO
    This strategic contract further solidifies Westermo's position as a market leader in providing cutting-edge onboard network solutions. Westermo's extensive portfolio of rail-certified solutions for both critical and non-critical onboard systems, combined with their technical expertise and a collaborative approach, paved the way for this deal.
    Jenny Sjödahl, President and CEO
    EBIT was tripled to 85 MSEK for the period with the operating margin at a record high 13.7 percent. It is a step towards reaching the financial profitability goal.
    Jenny Sjödahl, President and CEO
    The Group has developed positively in recent years, with strong development of our business but also changes in the organization. The name change gives us the opportunity to update the story of what we do, what we stand for and how we create value.
    Jenny Sjödahl, President and CEO
    We are pleased to announce this strategic acquisition of Smart HMI and their technical platform WebIQ. We have cooperated with the company for some time already and the addition of this technology to our offering represents a significant growth potential for Beijer Electronics going forward.
    Jenny Sjödahl, President and CEO
    I am very happy to welcome Lena Westerholm to Beijer Electronics Group. Lena brings with her a very deep and broad experience from driving sustainability issues in an industrial context and will contribute to raising our focus and our competence in the area”, says Jenny Sjödahl, President and CEO of Beijer Electronics Group.
    Jenny Sjödahl, President and CEO
    Both business entities entered 2023 strengthened, with a significantly larger order backlog.
    Jenny Sjödahl, President and CEO
    This contract from Stadler is a testament to the growing partnership between the two companies and Westermo’s ability to provide advanced networking solutions to meet the increasing demands of onboard rail applications.
    Jenny Sjödahl, President and CEO
    We operate in markets and in segments with strong underlying growth and have shown that we have the ability to grow faster than the market. The goals will be achieved through a clear segment strategy, continued development of competitive products and continuous efficiency improvements.
    Jenny Sjödahl, President and CEO.
    We operate in markets with strong underlying growth and demand for our products is increasing. Therefore, we choose to establish a complementary production unit in Malmö that will primarily serve our European customers and contribute to increased redundancy. In the long run, the establishment will also contribute to reduced climate footprint and lower transport costs.
    Jenny Sjödahl, President and CEO
    I am proud and happy that both business entities show good profitability in the period.
    Jenny Sjödahl, President and CEO
    I’m delighted that the Beijer Electronics business entity’s positive progress is continuing, with a significant profitability improvement in the quarter.
    Jenny Sjödahl, President and CEO
    Generally positive market conditions, a record orderbook and progress in the supply of critical components are encouraging more optimism for the full-year 2022.
    Jenny Sjödahl, President and CEO
    Westermo’s stable business model and good earnings capacity are sustaining, and we think that our delivery capacity will be able to improve in the second half-year.
    Jenny Sjödahl, President and CEO
    Group sales increased to 533 MSEK, which means we passed half a billion kronor of sales in a single quarter for the first time.
    Jenny Sjödahl, President and CEO
    Our view for the full year 2021 has accentuated. BEIJER GROUP has good potential to achieve significantly better financial performance in 2021 than in 2020.
    Per Samuelsson, President & CEO
    Passing order intake of 500 MSEK in a single quarter for the first time is a sign of strength.
    Per Samuelsson, President and CEO
    Order intake of nearly 420 MSEK is one of the Group's best quarters to date, driven by the Beijer Electronics business entity's excellent progress.
    Per Samuelsson, President & CEO
    I am pleased that we today announce this third complementary acquisition to the business entity Westermo. BEIJER GROUP provides advanced technology for the rapidly growing digitalisation market in an increasingly connected world and this acquisition of ELTEC reinforces our position further.
    Per Samuelsson, President and CEO
    Order intake increased by 28% in the fourth quarter compared to the third.
    Per Samuelsson, President and CEO
    We’re coming out of Q3 with an unchanged healthy financial position.
    Per Samuelsson, President & CEO
    I’m especially satisfied with us being able to report positive cash flow despite lower earnings, and reduce net debt in the period.
    Per Samuelsson, President and CEO
    Westermo became our largest business entity in the quarter, and the acquisition of Virtual Access paves the way for profitable growth.
    Per Samuelsson, President and CEO
    I am pleased that we today announce this second complementary acquisition to the business entity Westermo. We operate in markets where digitalisation is growing rapidly in an increasingly connected world and this acquisition of Virtual Access strengthens our position further.
    Per Samuelsson, President and CEO
    After somewhat lower earnings in Q2, it feels positive to report a strong third quarter.
    Per Samuelsson, President and CEO
    Earnings are continuing to increase. We’re converging on our target of a 10% EBIT margin.
    Per Samuelsson, President and CEO
    Order intake of over 450 MSEK for the quarter is a really good level.
    Per Samuelsson, President and CEO
    After eight quarters of better order intake than sales, we have a strong order book.
    Per Samuelsson, President and CEO
    The Beijer Electronics business entity is providing a significant part of the Group’s recovery, which I’m delighted about, considering the major restructuring it has undergone.
    Per Samuelsson, President and CEO
    We have significantly regenerated our product range, which has already had a positive impact on sales. We’re confident of continued positive progress ahead.
    Per Samuelsson, President and CEO
    We’re not satisfied with our earnings, but are heading in the right direction after our major realignment.
    Per Samuelsson, President and CEO
    We appreciate the support and trust our shareholders have shown in the Board and Management in their continued work on developing the Group.
    Per Samuelsson, President and CEO
    We have now staked out our path for the coming years and secured room to maneuver for our ongoing development initiatives.
    Per Samuelsson, President and CEO
    The continued strong order intake was pleasing. Westermo's excellent results were complemented by growth in the other business units.
    Per Samuelsson, President and CEO
    The realignment we have commenced, with organizational changes, cost reductions and a higher product development tempo, is being executed professionally. We will be going into 2017 with good potential to increase sales.
    Per Samuelsson, President and CEO
    Beijer Electronics recovered in the second quarter and we are heading in the right direction. We’re moving from the red into the black.
    Per Samuelsson, President and CEO
    My first six months as CEO of Beijer Electronics have clearly shown the competencies and professionalism of our people in the IAS and IDC business areas. Capitalizing on our employees’ expertise and potential will be a critical factor in the forthcoming change process and is the key to our success.
    Per Samuelsson, President and CEO
    The group allocates significant resources to in-house development of high-tech solutions that are sold globally, with more than 80% of group sales derived from such products in 2014.
    Anna Belfrage, Acting President and CEO

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