Sharpened competitiveness, through continued high pace of product development as
well as strategic partnerships and acquisitions, was the focus of the company
during the past year. More information about this is available in Beijer
Electronics' 2013 Annual Report, published today in English on the company’s
Beijer Electronics strengthened its position with the launch of a much-expanded
product offering under own brand within the technology areas HMI, control and
drive and several product launches within industrial data communication, among
The group continued its geographical expansion acquiring the Turkish automation
company Petek Teknoloji Ltd., which has represented Beijer Electronics since
2005. The acquisition provides a direct access to a new market for Beijer
Electronics’ complete product portfolio.
While the sales for the year in general were characterized by the hesitant
economy, sales within Industrial Data Communication achieved organic growth of
ten percent. Almost half of these sales are now sourced from new products
developed in recent years.
In his comments on the year, President and CEO Fredrik Jönsson said:
” Forward-looking and customer-oriented product development is the route to
success on our market, and we maintained a high tempo of product development in
2013. Our goal-oriented focus on development for specific market segments, such
as Train, paid off convincingly in the year.”
The Annual Report is available on the company’s website in English and Swedish.
The Report can also be ordered from the company by phone on +46 (0)40 35 84 96
or by sending an e-mail to firstname.lastname@example.org.
For more information please contact:
President and CEO, Fredrik Jönsson, tel 46 (0)40 35 86 10, mobile 46 (0)705 17
CFO, Anna Belfrage, tel 46 (0)40 35 86 53, mobile 46 (0)706 35 86 53
Beijer Electronics is a fast growing technology company with extensive
experience of industrial automation and data communication. The company develops
and markets competitive products and solutions that focus on the user. Since its
start-up in 1981, Beijer Electronics has evolved into a multinational group
present in 22 countries and sales of 1,376 MSEK 2013. The company is listed on
the NASDAQ OMX Nordic Stockholm Small Cap list under the ticker BELE.
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
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