Inwido´s Annual and Sustainability Report for 2022 is published
Inwido´s Annual and Sustainability Report for 2022 is now available on Inwidos website in PDF and ESEF-file. At Inwido.com a printed version of the Annual and Sustainability Report can be ordered, in Swedish and English.
“We surpassed our financial targets that we set in late 2021 and for the first time and achieved an operating profit of more than SEK 1 billion, while also experiencing record-breaking growth, both organically and through three acquisitions during the year. The underlying market was favorable in first half of the year, in both the consumer and the industry markets. Towards the end of the year, however, demand from the industry market declined significantly while the consumer market remained stable”, Henrik Hjalmarsson Inwido’s President and CEO writes in the report.
The sustainability report describes how Inwido works systematically according to our sustainability philosophy, which in simple terms is about to giving back more than we take.
“Over the year, we reduced our Scope 1 and 2 carbon dioxide emissions per window wing by as much as 22 percent, meaning that we have halved our emissions since 2019 and thus achieved our ambition eight years ahead of schedule. We have a sense of humility facing the next step in our climate ambition in which we will work in accordance with the Science Based Targets initiative to also lower our Scope 3 carbon dioxide emissions significantly”, Henrik Hjalmarsson writes.
This information is information that Inwido AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at04-04-2023 09:00 CET
For more information, please contact:
Peter Welin, CFO and deputy CEO
Phone: 46(0)70-324 3190, peter.welin@inwido.com
Tobias Rydergren, Head of PR & Communication
Tel. 46(0)070-255 23 61, tobias.rydergren@inwido.com
About Inwido:
Inwido improves people's lives indoors with windows and doors. As Europe's leading window group, Inwido's business concept is to develop and sell the market's best customized window and door solutions through a decentralized structure and with a focus on the consumer-driven market in order to create long-term sustainable growth, organically and through acquisitions. Inwido consists of 32 business units with approximately 4,900 employees in eleven countries. In 2022 group sales amounted to SEK 9.5 billion with an operating EBITA margin of 11.4 percent. Inwido has been listed on Nasdaq Stockholm since 2014. Follow Inwido on LinkedIn.
