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  • Annika Falk

    VP, Communication & PR



    +46-(0)70 6021371
    +46-(0)70 6021371
    http://www.inwido.com
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    Recovery is slow, but gradual improvement in the quarter

    The rebound in consumer demand is slower than anticipated. After a sluggish start, as a result of the lower order intake in Q2, demand gradually improved during the quarter, with both sales and order intake increasing in September.“In the quarter, profitability was hampered by lower sales, a negative segment and geography mix, and a stronger Swedish krona“, says Fredrik Meuller, President and CEO of Inwido and continues: “Market activity varied considerably across Inwido's different geographies. In Sweden and Ireland, Consumer activity was higher, and both markets developed positively.

    Interim report, January-September 2025

    Recovery is slow, but gradual improvement in the quarterThird quarter · Net sales amounted to SEK 2,224 million (2,273). Organic growth amounted to 0 percent. · Total order intake increased organically by 1 percent, while the order backlog increased by 5 percent to SEK 2,769 million (2,640) as of September 30.  · Operating EBITA amounted to SEK 268 million (304) and the operating EBITA margin amounted to 12.0 percent (13.4). · EBIT amounted to SEK 241 million (288) and the EBIT margin amounted to 10.8 percent (12.7). · Earnings per share before and after dilution amounted

    Inwido AB’s Nomination Committee for the 2026 Annual General Meeting

    In 2025, the Annual General Meeting of Inwido AB adopted an instruction for appointing the Nomination Committee, which is valid until the Annual General Meeting decides otherwise. According to this instruction, the company shall have a Nomination Committee consisting of 3 members. In addition, Inwido's Chairman of the Board, Per Bertland, is co-opted to the Nomination Committee.Based on the ownership structure as of August 31, 2025 the largest shareholders in Inwido AB (publ) in terms of voting rights were consulted and expressed their desire to participate in the nomination process. The

    Stable development in still challenging markets

    The current global situation has affected households' willingness to invest and the market recovery is pushed out in time. Despite this, Inwido delivers results in the second quarter of 2025 that are on par with or better than the corresponding quarter of the previous year.“Sales increased by 3 percent. Both operating EBITA and the operating EBITA margin were largely unchanged. The order backlog is at a historically high level, and in the sustainability work, all key figures are developing positively,” says Fredrik Meuller, President and CEO of Inwido and continues: “In short: despite

    Interim report, January-June 2025

    Stable development in still challenging marketsSecond quarter · Net sales rose to SEK 2,339 million (2,331). Organic growth amounted to 3 percent. · Adjusted for currency, the total order intake decreased by 7 percent, while the order backlog rose organically by 9 percent as per June 30 to SEK 2,829 million (2,654). · Operating EBITA rose to SEK 264 million (263) and the operating EBITA margin amounted to 11.3 percent (11.3). · EBIT increased to SEK 237 million (228) and the EBIT margin increased to 10.2 percent (9.8). · Earnings per share before and after dilution

    Off to a good start to the year

    In a macroeconomic rollercoaster of historical proportions, Inwido stands firm when reporting the Q1 financial figures for 2025. Both sales and order intake increased, margins and earnings were strengthened, while net debt was further reduced.“Having just completed one year in my role as President and CEO, I can proudly state that Inwido is in a strong position. In the first quarter of 2025, we continued our profitable growth journey”, says Fredrik Meuller, President and CEO of Inwido. Sales increased by 10% and order intake by 13%. Earnings were strengthened to SEK 111 million (91) and

    Interim report, January-March 2025

    Good start to the year both financially and strategicallyFirst quarter · Net sales increased to SEK 1,999 million (1,811), up 10 percent. Organic growth amounted to 10 percent. · Total order intake adjusted for currency increased by 13 percent and the order backlog as of March 31 increased by 19 percent to SEK 2,660 million (2,236). · Operating EBITA rose to SEK 111 million (91) and the operating EBITA margin rose to 5.5 percent (5.0). · EBIT increased to SEK 92 million (72) and the EBIT margin increased to 4.6 percent (4.0). · Earnings per share before and after dilution

    Inwido is back on the growth track

    During the fourth quarter of 2024, organic growth for the Group increased for the first time since the fourth quarter of 2022. Growth also took place in all business areas, despite challenges in several markets, and with good margins maintained.Order intake also remained strong and increased for the third consecutive quarter, this time organically by 19 percent, primarily driven by the Project market within business area Western Europe. “Inwido finished the year in style with strong growth while maintaining our good margins thanks to our increasingly efficient operating platform, our

    Year-end report January - December 2024

    Strong order intake in challenging marketsFourth quarter · Net sales amounted to SEK 2,423 million (2,273), up 7 percent. Organic growth amounted to 5 percent. · Total order intake adjusted for currency increased by 20 percent (up 19 percent organically) and the order backlog as of December 31 rose by 29 percent to SEK 2,490 million (1,937). · Operating EBITA rose to SEK 296 million (290) and the operating EBITA margin amounted to 12.2 percent (12.7). · EBIT amounted to SEK 261 million (272) and the EBIT margin amounted to 10.8 percent (12.0). · Earnings per share before

    Inwido’s businesses in Scotland win landmark contracts – initially worth £22.5 million over two years

    Inwido’s two business units, Sidey Solutions and Walker Profiles, have secured prestigious contracts with North Lanarkshire Council in Scotland, UK, encompassing the manufacture, supply and installation of sustainble windows and doors. Both contracts are initially worth £22.5 million over two years, starting end of January 2025. North Lanarkshire Council have the right to extend the contracts by 2 x 12 month periods, resulting in a total order value of £45 million over four years.Sidey Solutions and Walker Profiles, the market leaders in social housing refurbishment in Scotland, were

    Continued strong order intake and margin in challenging markets

    During the third quarter, Inwido showed once again that the group can grow profitably even if the market conditions are far from optimal. Both order intake and order backlog increased for the second consecutive quarter. The operating EBITA margin increased, even though invoicing decreased slightly compared to the corresponding quarter last year."Although demand in some market segments has started to rise since the spring, and leading macroeconomic indicators have gradually become more positive, several of our business units are challenged by low demand and fierce price pressure, above all

    Interim report, January-September 2024

    Continued strong order intake in challenging marketsThird quarter 2024 · Net sales amounted to SEK 2,273 million (2,339), down 3 percent. Organic growth amounted to negative 1 percent. · Total order intake increased by 3 percent, while the order backlog increased to SEK 2,640 million (2,428) as of September 30. · Operating EBITA amounted to SEK 304 million (308) and the operating EBITA margin increased to 13.4 percent (13.2). · Earnings per share before and after dilution amounted to SEK 3.23 (3.25) and SEK 3.22 (3.25), respectively. · Net debt amounted to a multiple of 1.2

    Inwido AB’s Nomination Committee for the 2025 Annual General Meeting

    Based on the ownership structure as of August 31, 2024 the largest shareholders in Inwido AB (publ) in terms of voting rights were consulted and expressed their desire to participate in the nomination process. The Nomination Committee has been appointed by the Fourth AP fund, Swedbank Robur fund and the First AP fund. Each has appointed a representative, as detailed below, who, together with Per Bertland, the Chairman of the Board, constitute Inwido´s Nomination Committee.Members of the Nomination Committee: Oscar Bergman, Swedbank Robur fund (Chairman of the Nomination Committee) Jan

    Strategic acquisition in Finland

    Inwido’s largest business unit in Finland, Pihla Group, acquires Artic-Kaihdin, one of Finland's leading manufacturers of sun protection solutions. The acquisition offers new commercial opportunities and a platform for future growth.Artic-Kaihdin manufactures, designs, and installs sun protection solutions including venetian blinds, awnings, and roller blinds. The company has built a strong brand with a high-quality reputation and long-term relationships with industry leading customers in Finland during the past 40 years. The solutions are used in e.g., hospitals, offices, private homes,

    Inwido is back on the growth track

    In the second quarter of the year, all four of Inwido's business areas reported higher order intake, both overall and organically. The total increase was 22 percent compared to the corresponding quarter in the previous year, and organically the order intake increased by 10 percent.  The order backlog increased by 68 percent. A drop in inflation and lower interest rates are positive signs for the consumer market, where activity has also increased, while the new build market remained weak.During the second quarter of the year, net sales increased by 3 percent to SEK 2,331 million, operating

    Interim report, January-June 2024

    Order intake is increasing, as are sales and profitSecond quarter · All business areas reported a higher order intake, with an overall increase of 22 percent compared with the corresponding quarter in the preceding year. · The order backlog amounted to SEK 2,654 million, an increase of 68 percent (up 10 percent organically) compared to the corresponding quarter in the preceding year. · Net sales amounted to SEK 2,331 million (2,263), up 3 percent. Organic growth amounted to negative 5 percent. · Operating EBITA rose to SEK 263 million (261) and the operating EBITA margin

    Good resilience in challenging markets

    The first quarter of 2024 is characterized by continued challenging markets, mainly in new build in Sweden and Finland, which has affected both sales and order intake. Consumers remain cautious, but there are signs of recovery, especially in the business area e-Commerce, which is Inwido's most consumer-oriented business, and in Denmark, where interest rates and inflation have decreased and house prices are rising."The lower volumes have been partially compensated by reduced production costs and implementation of savings in relation to fixed costs in the business units. While it is necessary

    Interim report, January-March 2024

    Good resilience in challenging marketsFirst quarter · Net sales amounted to SEK 1,811 million (2,095), down 14 percent. Organic growth amounted to negative 21 percent. · Total order intake increased by 1 percent, while the order backlog had increased to SEK 2,236 million (1,581) as of March 31. · Operating EBITA amounted to SEK 91 million (168) and the operating EBITA margin amounted to 5.0 percent (8.0). · Earnings per share amounted to SEK 0.37 (1.90). · Net debt amounted to a multiple of 1.4 in relation to operating EBITDA (1.1 excluding IFRS 16). After the end of the

    Improved margin in a challenging market

    In the fourth quarter 2023, Inwido strengthens the gross margin for the fourth quarter in a row, improves cash flow, and ends the year with continued low debt despite the largest acquisition to date being completed in year. The results demonstrate the strenght of the business model and enable continued investments going forward despite challenging market conditions.During the fourth quarter, net sales decreased by 13%, organically -21%, mainly linked to the reduced volumes in new construction in Sweden and Finland. Operating EBITA amounted to SEK 290 million (315), while the operating EBITA

    Year-end report January - December 2023

    Improved margin in a difficult marketFourth quarter · Net sales amounted to SEK 2,273 million (2,613), down 13 percent. Organic growth amounted to negative 21 percent. · Total order intake was unchanged, while the order backlog increased to SEK 1,937 million (1,583) as of December 31. · Operating EBITA amounted to SEK 290 million (315) and the operating EBITA margin increased to 12.7 percent (12.1). · Earnings per share amounted to SEK 3.20 (4.11). · Net debt amounted to a multiple of 0.9 in relation to operating EBITDA (0.6 excluding IFRS 16). · Fredrik Meuller was

    Peter Welin acting President and CEO of Inwido from the turn of the year

    As previously communicated, Fredrik Meuller has been appointed as the new President and CEO of Inwido. He succeeds Henrik Hjalmarsson, who after five years as President and CEO chooses to leave the group. Fredrik Meuller takes office no later than May 1, 2024. Following an agreement with Inwido's board, Henrik Hjalmarsson will leave his position at the turn of the year, and Peter Welin, CFO and deputy CEO of Inwido, will step in as acting President and CEO from January 1, 2024 until Fredrik Meuller takes office. “Peter has been active within the Inwido Group in various roles for over

    Fredrik Meuller is appointed new President and CEO of Inwido

    The board of Inwido has appointed Fredrik Meuller as the new President and CEO. He will take office after agreement but no later than 1 May, 2024."I’m proud and happy to be able to announce Fredrik Meuller as the new President and CEO", says Inwido's chairman of the board Per Bertland. "He is a competent leader and in his position as CEO of Nord-Lock Group he’s shown that he has a deep understanding of how to create both organic and acquisition-driven growth in an international business. I am convinced that he will be able to further develop what Inwido has built up and lead the Group to

    Inwido AB’s Nomination Committee for the 2024 Annual General Meeting

    Based on the ownership structure as of August 31, 2023 the largest shareholders in Inwido AB (publ) in terms of voting rights were consulted and expressed their desire to participate in the nomination process. The Nomination Committee has been appointed by the Fourth AP Fund, Swedbank Robur Fund and the Lannebo Fund. Each has appointed a representative, as detailed below, who, together with Per Bertland, the chairman of the board, constitute Inwido´s Nomination Committee.Members of the Nomination Committee: Jan Särlvik, Fourth AP Fund (Chairman of the Nomination Committee) Bo Lundgren,

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