Indutrade's board of directors has decided today to extend CEO Johnny
Alvarsson's contract by two years, until the AGM in 2017.
Johnny Alvarsson took over as president and CEO in 2004. Indutrade has since had
an average growth of net sales by 12 percent per year and EBITA by 17 percent
per year.
Stockholm, 4 December 2013
INDUTRADEAB(publ)
For further information, please contact:
Fredrik Lundberg, Chairman, tel. +46 8 463 06 15
About Indutrade
Indutrade markets and sells components, systems and services with a high-tech
content within selected niches. Indutrade's business is distinguished by
- high-tech products for recurring needs
- growth through a structured and tried-and tested acquisition strategy
- a decentralised organisation characterised by an entrepreneurial spirit.
The Group is organised into five business areas: Engineering & Equipment, Flow
Technology, Fluids & Mechanical Solutions, Industrial Components and Special
Products. Indutrade's sales totalled SEK 8,384 million in 2012, generating
operating income of SEK 905 million before depreciation of intangible assets.
Indutrade is listed on the Nasdaq OMX Stockholm.
